Photo Credit: SaharaReporters 27/2/2017/AfDB The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US $995,000-grant to the Republic of The Gambia to implement a programme to facilitate private investments in Green Mini-Grids (GMG) through the creation of an enabling policy, institutional and regulatory framework, as well […]
Updates
Dangote Cement Proposes Final Dividend of N8.50 per share in 2016 End
Click here to download full report By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer and Nigeria’s most capitalised listed company, Dangote Cement Plc has proposed a final dividend of N8.50 kobo per share to its shareholders compared to N8.00 paid in 2015 end. This is coming on the heels of the release of […]
ALERT – Dangote Cement Plc’s 2016FY Net Profit Beat Consensus After Posting Tax Credit
February 28, 2017/Cordros Research Dangote Cement Plc (DANGCEM) just released 2016FY result wherein revenue grew by 25% (to N615 billion vs. consensus’ N620 billion) while PAT increased by just 2.9% (to N186.6 billion vs. consensus’ N175 billion). A tax credit of N20.89 billion (resulting from deferred tax credit) was reported […]
