Updates

Flour Mills of Nig Plc: Minutes from Meeting with Management

November 8, 2016/Cordros Research We met with the management of FLOURMILL earlier today ahead of our update following the release of second quarter result (July to September 2016). Summary of the feedback is that while Q3-17 performance is expected to be affected by the impact of seasonality, there is strong […]

Skoolimpics: Heritage Bank Discovers Future Sporting Champions

November 8, 2016/Heritage Bank Plc The Heritage Bank-Lagos State Skoolimpics, which is the bank’s signature sporting event that brought together over 6000 student athletes, over 20,000 students from over 600 secondary schools of the six educational districts of Lagos State berthed successfully as the curtain finally fell on the 3-day sporting fiesta […]

Capital Importation into Nigeria| Quarter-on-Quarter Improvement: How Sustainable?

November 8, 2016/Cordros Research On Monday, the National Bureau of Statistics (NBS) released its Capital Importation report for the third quarter of 2016, wherein it revealed that the total value of capital imported into the country in Q3-2016 was US$1.82 billion, representing 74.84% q/q increase and 33.70% y/y decline. Noteworthy, […]