May 2, 2017/Reuters By Nigel Stephenson | LONDON Stocks rose in Europe and Asia on Tuesday after technology industry shares hit record highs on Wall Street and investors focused on strong corporate earnings while shrugging off weaker-than-expected Chinese factory activity data. European stock markets opened higher after the May 1 […]
Updates
Dangote Sugar Refinery Q1 2017 Sales of N59.5bn Grew by 83% YoY
Culled—Proshare May 2, 2017/FBNQuest Research Event: Dangote Sugar Refinery reports Q1 2017 results Implications: Positive reaction by the market likely Positives: Q1 sales of N59.5bn grew 83% y/y and 9% q/q respectively Negatives: Gross margin contraction of -758bps q/q to 13.2% Late last week, Dangote Sugar Refinery (DSR) published its Q1 […]
CBN Says Manufacturing PMI up 51.1% in April 2017
May 2, 2017/CBN Click here to download full PDF Report 1.0 Introduction The Statistics Department, Central Bank of Nigeria conducts a monthly survey of purchasing and supply executives of manufacturing and non-manufacturing organizations in 13 locations in Nigeria: two states in each of the six geo-political zones, and the FCT […]

