Investors Bite

Ahead of public listing, MTN woos institutional investors

July 3, 2017/Punch Everest Amaefule, Abuja The planned public listing of the shares of MTN Nigeria on the Nigerian Stock Exchange offers both institutional and individual investors the opportunity to get a slice of the telecommunications firm that has 62 million subscribers, the company has said. The Deputy Head, Mergers […]

Nigeria Stocks Close Week Positive, ASI up 3.10%

By InvestAdvocate June 30, 2017 Click here to download full PDF Report Lagos (INVESTADVOCATE)-Stoxks ON FRIDAY Closed the week on a positive note as the Nigerian Stock Exchange (NSE) all-share-index (ASI) and market capitalisation appreciated by 3.10 percent to close at 33,117.48 and N11.452 trillion respectively. “Similarly, all other Indices […]

Seplat Plc – In the clear

Culled—Proshare June 30, 2017/ARM Research Upward Revision to Forecast Subsequent to the lifting of the force majeure on the Trans-Forcados Pipeline (TFP) alongside upgrade at the alternative route (Warri refinery), we revise our estimates for Seplat and increase our fair value estimate (FVE) to N518.74/share (previously N346/share). We see substantial […]