July 4, 2017/Cordros Research Click here to download full PDF Report FLOURMILL released fourth quarter and 2016/17FY result late yesterday. Compared to the loss we expected, Q4 PBT of N179 million (vs. N1.5 billion in Q3) was reported. A net operating gain of N10.3 billion (vs. N11.8 billion loss as […]
Updates
ASI: Intraday Update
July 4, 2014/InvestmentOne Research ASI as at 12.00pm: -0.55% Market movers: UNITYBNK (-6.56%), FLOURMILL (-5.07%), REDSTAREX (+10.14%), HONYFLOUR (+9.33%) Sector Performances: Banking (-1.11%), Oil & Gas (-0.84%), Consumer Goods (-0.28%), Industrial Market activity: In today’s early trades, c.64m units of stocks worth c.N436m have been traded by investors. This shows […]
Nigeria’s Borrowing Spree…Any Cause for Worry?
Culled—-Proshare July 4, 2017/Afrinvest Research Much has been said on Nigeria’s aggressive borrowing spree from domestic and international capital markets since 2016, and deservedly so. Since the start of a prolonged global oil price drop in H2:2014, the Nigerian economy has recorded a significant downturn in performance as plummeting government […]
