Investors Bite

T-Bills Rates Expected to Trend Slightly Higher

Culled—Proshare March 26, 2018/Afrinvest Research  Treasury Bills market (“T-Bills”) rates across tenors remained relatively flat last week declining 1bp W-o-W. System liquidity remained robust as OMO and T-Bills maturities hit the system towards the end of the week – only 50.0% of the matured bills  was rolled over at the […]

Seplat Plc – A Clear Step Up in 2018

Culled—Proshare March 26, 2018/ARM Research  In this report, we look more closely at recent updates and events over the past months, including the FY 2017 result and management call, by Seplat Petroleum Development Company Plc. (Seplat) with a focus on cash flow generation and impact on shareholder’s value, given no […]

Y”hello Nigeria – MTNN to list on NSE

Culled—Proshare March 26, 2018/Vetiva  After series of discussions, MTN is cementing plans to list its Nigerian Business (“MTNN”), which is estimated to be worth about $6 billion, on the Nigerian Stock Exchange by H2’18. The company has obtained shareholder approval for the listing and is in the process of seeking […]