Updates

Dangote Sugar Refinery Q4 2016 & Q1 2017 Results Review – Neutral Rating Maintained

Culled—Proshare May 16, 2017/FBNQuest Research 2017/18E EPS ests. up by 37%; price target up by 32% to N7.1 Following Dangote Sugar Refinery’s (DSR) Q4 2016 and Q1 2017 results we have raised our EPS estimate over the 2017-18E period by 37% and our price target by 32% to N7.1. Our […]

Capital Outlay Falls Short of Official Figure for 2016 Budget

Culled—Proshare May 16, 2017/ FBNQuest Research Our chart today shows the breakdown of the FGN’s monthly expenditure through to January. We have included transfers in recurrent spending although they have a capital component. By this definition, the capital share of the total over the 12 months amounts to 11%, and […]

Mastercard Brings Faster, Safer Payments to Expedia with Masterpass

May 16, 2017/Mastercard Mastercard today announced that travelers now have more options to simply and securely complete their hotel, flight, and cruise reservations on Expedia.com, Orbitz and Travelocity with Masterpass. “We are delighted to partner with Expedia on Masterpass to advance their mission of revolutionizing travel through the power of […]