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Business News of Monday, 27 September 2021


Dangote Cement makes Ripples stocks-to-watch list, alongside Stanbic IBTC, SCOA Nigeria, Pharmdeko

Dangote Cement Dangote Cement

This week’s stocks to watch list includes Stanbic IBTC, Dangote Cement, Pharmdeko, and SCOA Nigeria, as the companies prepare to release their Q3 2021 financials.

However, that is not the only reason some of them made the stocks to watch list, as other factors includes new financial investment and stock market-related activity.

Note that result preparation and other company activities are expected to have positive or negative impact on shareholders’ investment during the course of trading.

Ripples Nigeria Stocks Watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken the pain to do that based on certain parameters in order to save you that hassle.

Kindly note that Ripples Nigeria Stocks Watchlist is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.

Insider dealers are often a pointer for shareholders or prospective investors to take a decision regarding a firm, and in this case, that company is Stanbic IBTC.

Its majority shareholder, Stanbic Africa, paid N53.14 million to acquire 1.36 million shares in Stanbic IBTC last week Wednesday, and the next day, share value of the Nigerian lender rebounded after a one day decline.