Updates

Dangote Sugar Refinery Plc: Pretty Good Run; HOLD Rating Maintained

August 25, 2016/Cordros Research The c.60% adjustment in sugar selling price taken by DANGSUGAR’s management at the beginning of the 2016FY had notable positive impact on H1-16 earnings (+16.4%), considering the magnitude of cost inflation (linked to rising raw sugar prices, weaker currency and negative energy mix) experienced during the […]

Activists condemn Bidco Allegations as Racially Motivated, Wrong

Once again, Bidco and its CEO, Vimal Shah, are hiding behind the veneer of a carefully crafted image that deceives the public and the company’s partners about Bidco’s cruel labour practices, mass deforestation and large-scale tax evasion August 25, 2016/TheBidco Truth Coalition The Bidco Truth Coalition (www.No2Bidco.org), an alliance of […]

Elumelu Tasks Nation’s Policy Makers on Poverty Reduction at NIPSS, Kuru

August 25, 2016/UBA Tony O. Elumelu, Chairman of Heirs Holdings and UBA Plc. has advocated entrepreneurship as a veritable solution to achieving poverty reduction in the country.   Elumelu who is also the Founder of The Tony Elumelu Foundation delivered a paper themed: “Entrepreneurship, Corporate Social Responsibility and Africapitalism: The Role […]