August 25, 2016.FBN Holdings Plc As you are aware, there have been a number of media reports referencing the temporary suspension of FirstBank from the Nigerian foreign exchange market on account of failure to comply with the Treasury Single Account (TSA) policy. FirstBank wishes to confirm, that it has been […]
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 […]
