Updates

Nigerian Breweries: Conference Call Update – Slight Cut to 2016FY EPS and TP

Sept 01, 2016/Cordros Research We came away from yesterday’s conference call, with the management of NB, believing that operating performance in H2-16 would come in line with our expectation. Rising operating costs and deteriorating brand mix continue to pose threat to margins while management seeks to address these issues via […]

Tony Elumelu Sees Africa on the Rise,Calls for Stronger Business Relationships between Africa and France

31/8/2016/UBA Plc At the recent MEDEF Summer University Forum in Paris, the annual meeting of French business and political leaders, Tony Elumelu, Chairman, Heirs Holdings and UBA Plc and Founder of the Tony Elumelu Foundation, stressed the opportunities Africa offers and urged stronger business relationships between France and Africa; calling for a deepening of commercial relationships based on mutual respect and interest. The Forum is one […]

Standard Bank predicts Increased M&A Activity in African Telecom, Media and Technology

Sept 01, 2016/TMT Finance Standard Bank, Africa’s largest bank by assets, is partnering with international news and events provider TMT Finance for the inaugural TMT Finance Africa in Lagos 2016 Conference, which is bringing together the leading decision makers in African telecoms, media and technology (TMT) to Lagos on September […]