Archive: Page 3

Weekly Valuation Summary 19-March-2018

March 19, 2018/Cordros Capital CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY depreciated by 7.07% last week to N17.10. CADBURY trades at a significant forward PE above… Read more »

Transforming Culture In Financial Services

Culled—Proshare March 19, 2018/FCA Being A Speech By Andrew Bailey, Chief Executive Of The FCA, At The Transforming Culture In Financial Services Conference delivered on march 19, 2018 (as drafted). … Read more »

Intraday Update: NSE Heads South on Continuous Sell-Offs in Banking, Consumer Goods Counters

March 19, 2018/InvestmentOne Update ASI as at 12.00pm: -0.50%. Market movers: CADBURY (-9.65%), FTNCOCOA (-7.14%), CILEASING (+9.94%), UCAP (+5.64%). Sector Performances: Banking (-0.83%), Consumer Goods (-0.88%), Industrial, Oil & Gas…. Read more »

DMO Says Total Public Debt as at December 31, 2017 Represents 18.20% of Nigeria’s GDP for 2017

March 19, 2018/DMO The Debt Management Offices (DMO) wishes to inform the General Public that it has released Nigeria’s Public Debt figures as at December 31, 2017 on Wednesday March… Read more »

Alibaba Will Invest Another $2 Billion in Online Mall Lazada

18/3/2018/Bloomberg By Lulu Yilun Chen Ant Executive Chair Lucy Peng to replace Lazada’s CEO Alibaba investment in Lazada reaches $4 billion in total Alibaba Group Holding Ltd. will invest another… Read more »

Transcop gets shareholders’ approval to raise N40bn

March 19, 2018/Punch Ifeanyi Onuba, Abuja Shareholders of Transcorp Hotels Plc have given approval to the management of the firm to raise the sum of N40bn for the upgrade the… Read more »

The Mark of Externalisation in the DMO’s Data

Culled—Proshare March 19, 2018/FBNQuest Research  The FGN’s domestic debt stock amounted to N12.59trn (US$41.1bn) at end-December, equivalent to 11.1% of 2017 GDP. The increase of just N90bn in Q4 is… Read more »

UNILEVER Board Approves 2017 Dividend Payment, Audited Financial Statements

March 19, 2018/NSE This to notify The Nigerian Stock Exchange and our esteemed shareholders that at the meeting of the Board of Directors of Unilever Nigeria Plc which held on… Read more »

150 LSETF Trainees Get Instant Employment

… 600 more jobs commitment from employers March 19, 2018/LSETF About 150 trainee graduates of the Lagos State Employment Trust Fund (LSETF) skills acquisition scheme under the Lagos State Employability… Read more »

Asia Stocks Drop Led by Japan; Yen Up on Abe Woe: Markets Wrap

18/3/2018/Bloomberg By Adam Haigh Key event this week is Fed policy meeting on Wednesday Apple screen plans hits Asian tech stocks; dollar steady Stocks in Asia were mixed, with Japanese… Read more »