May 2, 2018/Transcorp Lagos, Nigeria – May 2, 2018 – Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) strongly commended the Board and management for Transcorp’s impressive contribution to transforming the Nigerian power sector, through its power subsidiary, Transcorp Power. The commendations were received at the 12th Annual General Meeting of Transcorp, held on April […]
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Nigerian Stocks Close Up, Gains +0.09% on Buy Interest Across Sectors
May 2, 2018/Investmentone Report The Nigerian equities market closed up today as NSE-ASI gained 0.09%. Similarly, market breadth index was positive with 23 stocks gaining against 15 stocks that declined. MOBIL (+9.55%) was the top gainer today while DANGFLOUR (-9.54%) had the worst performance. UBA (+1.30%) was the most actively […]
Okomu Oil Q1 2018 Results Review: Neutral Rating Maintained
Culled—Proshare May 2, 2018/FBNQuest Research Modest upward revisions to estimates and price target Okomu Oil’s (Okomu) Q1 2018 earnings were broadly in line with our estimates. Consequently, we have increased our earnings forecast over the 2018-19E period by 3% on average. Despite the modest revisions to our earnings forecasts, our […]
