Updates

Lafarge Africa Says N22.8 Billion Loss before Tax in 2016, Cuts Dividend by 65%

By InvestAdvocate Click here to download Lafarge Africa Plc 2016 audited year end report December 31, 2016 Lagos (INVESTADVOCATE)-Cement producer, Lafarge Africa Plc has recorded a loss before tax of N22.8 billion in the audited year ended December 31, 2016 compared to a profit before tax (PBT) of N29.3 billion […]

Weekly Fixed Income and Currency Market Update

March 22, 2017/InvestmentOne Research Please click to download the Fixed Income and Currency Market Report for the Week ended 17th March 2017 MONEY MARKET  ·         System liquidity declined by N150bn to negative N173bn following the N160bn FG bond auction and the N34bn OMO auctions in the outgone week. ·         Consequently, the 1month […]

Cadbury Nigeria Plc Q4-16 – First Glance: -81.8% y/y PBT; Earnings to Recover in 2017

March 22, 2017/Cordros Research Click here to view full report Cadbury Nigeria Plc (CADBURY) released Q4-2016 and 2016 full year results yesterday. As in 2015, the profit (against our expectation of a loss) reported in the fourth quarter was a positive surprise, therefore resulting into a loss before tax of […]