Photo Credit: L’Oréal Culled—Proshare November 8, 2016/Fisayo Esan The Financial Reporting Council of Nigeria (“FRC”) recently issued its Code of Corporate Governance (“The Code”) for the Public Sector, the Private Sector and for Not-for Profit Organizations which became applicable from 17th October 2016. The focus of this article will be […]
Updates
Flour Mills of Nigeria Plc – ₦9 billion FX Losses Debase Strong Topline growth
Culled—Proshare November 8, 2016/Vetiva Research Strong revenue performance persists, up 44% y/y Gross margin improves 400bps y/y to 14% FX loss undercuts earnings, Q2’17 PAT down 60% q/q TP revised upwards on improved earnings trajectory Improved revenue profile on better volume performance, price Buoyed by the strongest quarterly revenue performance […]
Countdown to 2016 Jumia Black Friday! 12 Days of Black Friday Sales Across all Jumia Nigeria Online Stores
November 8, 2016/Jumia Online retail giant, Jumia Nigeria has announced the date and categories for the 2016 Black Friday sales event! This year, Jumia Black Friday will take place for 12 jaw-dropping days! From Monday November 14th to Friday, November 25th 2016 on all Jumia websites – Jumia Mall, Jumia […]
