16/8/2017/Bloomberg By Francine Lacqua and Paul Wallace Aliko Dangote is tempted by renewable energy, petrochemicals Sees 60% of group’s investments being outside Africa in 2020 Africa’s richest man, Aliko Dangote, plans to invest $20 billion to $50 billion in the U.S. and Europe by 2025, in industries including renewable energy […]

Culled—Proshare August 16, 2017/FBNQuest Research In today’s chart we highlight the investment flows on the balance of payments. These are gross flows (ie those in the reporting economy before investment by Nigerian residents offshore). Most striking is the strength of portfolio flows in H1 2013, when Nigeria was still basking […]

Culled—Proshare August 16, 2017/Vetiva Research ·         Q2 delivers $8.6 million operating profit as Forcados resumes ·         Production back to pre-Force Majeure 56,000 boed (working interest) ·         Warri crude evacuation capacity expansion, doubles to 30,000bpd ·          FY’17 hydrocarbon recovery on track, forecast at 38.1k boed (FY’16:25.9k) ·          Target Price per share […]