Investors Bite

MRS Oil Nigeria Names First Registrars as New Registrar

August 28, 2017/NSE The Board of Directors of MRS Oil Nigeria Plc, have approved the appointment of new Registrars to the Company. Our current Registrars, CardinalStone Registrars Limited have been notified and would hand over to First Registrars and Investor Services Limited, within thirty (30) days of their appointment.

Update: Oando Affirms SEC Investigation

August 28, 2017/NSE Further to the initial press release by the Company (“the Company” or “Oando”) published on Friday, 14th July 2017 entitled ‘Oando PLC’s Official Statement on Claims of a SEC Investigation’ please find below an update: Two petitions were filed with the Securities and Exchange Commission (SEC) alleging […]

UBA H1’17: Stringent cost management and gains from FX boost PBT

August 28, 2017/InvestmentOne Research UBA released its Q2 2017 results on Thursday, which showed a +25.9% q/q jump in PBT to N32.1bn, its highest quarterly performance over the last three years.  Furthermore, PBT was +21.7% higher than our estimates largely due to the non-interest income performance. The bank’s jump in […]