October 20, 2017/InvestmentOne Research ASI as at 12.00pm: +0.05 Market movers: INTERBREW (+4.49%), CCNN (+0.98%), ETI (-0.4%), DANGSUGAR (-0.31%) Sector Performances: Consumer Goods (+0.32%), Industrial (+0.19%), Banking (-0.13%), Oil & Gas Market activity: Investors only managed to exchange a tamer c.21m units of shares which translated to c.348m in value […]
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Dangote Cement still interested in South Africa’s PPC: CEO
19/10/2017/Reuters Chijioke Ohuocha Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing chief executive officer Onne van der Weijde said on Thursday. Weijde said PPC was a “good fit” for Dangote Cement, which is majority owned […]
Nigerian lenders pick Barclays to find new investors for 9mobile -sources
19/10/2017/Reuters Nigerian lenders have picked Barclays to try to find new investors for debt-laden 9mobile, two banking sources said on Thursday. The sources also said the central bank had asked the lenders to take a five percent provision on a $1.2 billion syndicated loan to 9mobile in their third-quarter results […]
