Investors Bite

Okomu Oil Offers Investors N3.00 Per Share Dividend in 2017 Year End

March 22, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Agriculture / Argo-Allied firm, Okomu Oil Company Plcon Thursday proposed a dividend of N3.00 per share to investors of the company for full year 2017. Okomu in its corporate action to the Nigerian Stock Exchange (NSE) said qualification date is May 15, 2018; while […]

Intraday Update: NSEASI Gains +0.04% on Buy Interest in the Oil & Gas, Consumer Goods Counters

March 22, 2018/InvestmentOne Update ASI as at 12.00pm: +0.04%. Market movers: JAPAULOIL (+8.62%), MOBIL (+4.93%), ACCESS (-5.53%), UCAP (-2.95%). Sector Performances: Oil & Gas (+0.65%), Consumer Goods (+0.36%), Banking (-0.07%), Industrial (-0.05%). Market activity: In today’s early trade, total volume and value increased by c. 6% and c.110% respectively compared […]

Seplat Announces Completion Offering of $350 Million 9.25% Senior Notes Due 2023

March 22, 2018/NSE Seplat today announced that it has completed its offering of $350 million in aggregate principal amount of 9.25% senior notes due 2023 (the ”Notes”). The Notes have been issued by the Company and guaranteed by certain of its subsidiaries. The proceeds of the Notes, together with drawings […]