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Cement Co. of Northern Nig. PLC Nigeria | Equity ... cement producers, CCNN 0.5 coa Vetiva Capital Management Limited ... Tel: +234-1-4617521-3 Fax: +234-1-4617524 Email: research@vetiva downs during periods of ac Company Update Brighter Outlook on Clearer Investment Plans Target Price

Source: Vetiva Research, Nigeria Bureau of Statistics Exchange Rates Exchange rate movements in the second half of the year were stable relative to those in the first half.

Nigerian Brewery Sector Update: Brewing Growth; Malting Value I October 2010 I 3 Nigeria I Breweries I Equities Over the past 9 years, beer volume growth in Africa has outpaced global level by an average of 1.5x, making the region an emerging beer market in

Cement makers will remain unwavering despite a projected increase in the proportion of debt in their capital structure. This is because the major players in the cement space- a subsector of building material Industry- had raised equity capital to navigate financial risks, but the outlook for some them is bleak.

With a huge population estimated at 167m and a low cement per capita, the country has been somewhat groomed for such a rampant development phase and the signs are that by the end of this year or next, it will have a cement surplus to export. By Oluwatosin Ojo, Vetiva Capital Management, Nigeria.

Dangote Cement, Africa's largest producer of the building material, cut prices in its home market of Nigeria in an attempt to boost cement consumption and - Latest industry news on Aggregates, Asphalt, Cement, Concrete and more.

t.oluwakiyesi@vetiva Vetiva Research March 2011 52-week share price performance erformance BUY 1.0 1.4 1.6 ... With the surplus expected in Nigeria's cement industry in the next two years, we had highlighted ... Lafarge Cement WAPCO PLC

that research and innovation will be extremely important if producers would maximize investment returns. Given the strong R&D capabilities of the parent company, Lafarge WAPCO is the only Nigerian Cement producer with two variants of cement (Elephant Supaset Cement specially targeted

Hospitality outlook: 2019-2023 Find out why Nigeria had one of the fastest-growing markets in PwC's latest Hospitality outlook. Africa Capital Markets Watch 2018 Our latest look at capital market activities during 2018 and the five-year period 2014-2018.

However, the distribution process at Dangote Obajana cement creates place utilities which consumers must be ready to pay for, this is because cement products is an essential resource in the building and construction industry. Oyedijo (1984) did observed that it is a common view that the problems in the

"From our analysis, we conclude that the industry is attractive," the research stated, noting that there is little threat of substitutes for the products produced in the industry. Nigeria ...

About Vetiva Research. Vetiva Research (Equity, Economics & Fixed Income) provides in-depth analysis on the Capital Markets, the macro-economic and financial landscape, companies and sectors. We provide timely daily, weekly, quarterly and yearly views to ensure that we are always ahead of the curve by providing our Clients new and original ways ...

Oct 30, 2019· The Cement Company of Northern Nigeria (CCNN) is in the process of merging with its sister company, Obu Cement Company Plc, Vetiva Capital Management Limited reported Wednesday, citing a statement issued by CCNN to the Nigerian Stock Exchange. In a note to its clients Wednesday, Vetiva quoted CCNN as saying it had received pre-requisite approvals [.]

Get free Research Paper on profit maximization: a strategic tool for survival of businesses in nigeria our project topics and materials are suitable for students in Nigeria with case studies in pdf, doc. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed

May 19, 2011· Nigiraa vetiva research-cement-sector-study 1. Nigerian Cement Sector Unbundling Potentials January 4, 2011In this report, we update our views on the Nigerian cement industry, Analystassessing the sector's long term potentials from a global standpoint.

The Cement Company of Northern Nigeria (CCNN) reported sizeable growth across all profit lines in the first quarter of 2017. In line with trend observed across other industry players, strong cement prices (up around 70 per cent YoY) weighed on CCNN's cement volume but still provided greater positive impact on topline as revenue rose 22 per cent YoY to NGN4.4bn (US$13.9m), Vetiva Research ...

Dec 11, 2018· We are unsurprised by the growth in the Cement industry as estimates of cement market size are up nearly 10% in 2018, and Nigeria's major cement manufacturers posted healthy volume growth in Q3'18. ... Vetiva Research ICT drives services sector The services sector was the star of the Nigerian economy in the third quarter, notching GDP ...

TheCable | Nigeria's independent online newspaper. Competition will be stiffer among manufacturers of cement in Nigeria after Dangote Group, the nation's largest producer, slashed the price of ...

Nigeria: Aliko Dangote, the chairman of Dangote Cement, plans to increase his company's cement production capacity in Africa by 29% to 62Mt/yr. It aims to add 6Mt/yr in Nigeria in 2020 to support exports to grinding plants in Cameroon and West Africa, according to Bloomberg. The cement producer previously said it had a production capacity of 45.6Mt/yr in 2018 from operations in 10 countries.

In line with trend observed across other industry players, strong cement prices (up around 70 per cent YoY) weighed on CCNN's cement volume but still provided greater positive impact on topline as revenue rose 22 per cent YoY to NGN4.4bn (US$13.9m), Vetiva Research said in a note on CCNN's results.

Moderate Energy Pricing Expectation Between 40-50% of total cost of producing cement in Nigeria is attributed to energy cost, underscoring the sensitivity of the sector's operational performance ...

The demand for cement in Nigeria witnessed a healthy growth as a result of large-scale investment in the construction sector. In 2014, the construction sector accounted for 3.58% of the GDP. In ...

Aug 10, 2015· Cement Market in Nigeria 2015-2019 1. enquiry@technavio Cement Market in Nigeria 2015-2019 2. Covered in this Report • The report covers the current and future market scenarios of the cement market in the Nigeria for the period 2015-2019.

Ashaka Cement in Nigeria reported revenue up 3% year-on-year to N17.3 billion for the period ended September. Vetiva Capital in its analysis on Ashaka Cement, said " Riding on prior upbeat quarterly results, particularly first quarter, Ashaka Cement's nine months earning per share rose 103 per cent year-on-year to N1.95, but fell 10% behind our estimate of N2.17 due to a weaker-than ...
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