Browsing: Chapel Hill Denham Limited

Dangote Cement: Earnings Expands Two-fold on Sharp Revenue Growth Dangote Cement Plc.’s (ticker: DANGCEM) unaudited financials for the third quarter…

Capital inflows into Nigeria has remained subdued due to lack of flexibility in the pricing of the currency

Investors’ wealth rises ₦4.4 billion as positive sentiments keep the equities market uptrend on Wednesday.

In the debt market, bond yields compressed by an average of 28 basis points (bps) across benchmark tenors to 3.68% Wednesday.

Externally driven unpriced risks are negatively impacting Seplat Petroleum Development Company’s earnings

First Bank of Nigeria, the largest subsidiary of First Bank of Nigeria Holding (FBNH)

Market Wrap: Inter-bank rates shaded at Low Single Digits. Interbank funding rates remained subdued at low single digits today, as financial system liquidity opened higher at ₦746 billion from ₦604 billion yesterday.

Money Market Funding Pressure Eased on OMO Repayment. At the money market, funding pressures eased slightly today, as open market operations (OMO) repayments of ₦92.5 billion hit the system.

“Upward Price Review of PMS Signposts Sustain Deregulation”. Analysts at Chapel Hill Denham (CHD) has said the recent upward review in prices of petroleum motor spirit (PMS) otherwise call petrol signposts sustained deregulation.