Investors Bite

Meristem Securities Upgrades Forte Oil Recommendation to Buy

July 20, 2017/nationalwire.com.ng Leading investment adviser in the domestic economy, Meristem Securities Ltd on Tuesday upgraded the recommendation on Forte Oil Plc to buy from hold. Meristem Securities raised the target price to N77.41 from N64.09, implying a 68 percent increase from the last close. The target matches the consensus […]

Vodacom Tanzania extends deadline for stock market listing

19/7/2017/Reuters Vodacom Tanzania has extended the offer period for its initial public offering for a second time to allow foreign investors to take part, the telecom operator said on Wednesday. The company, a subsidiary of South Africa’s Vodacom Group, said it had received approval from Tanzania’s capital markets regulator to […]

We’re open to new investors – 9Mobile

July 20, 2017/Punch ’Femi Asu A Global System of Mobile telecommunications operator, 9Mobile (formerly known as Etisalat Nigeria), has said the change of its brand name will not affect the quality of its services, even as it is open to new investors. The Chief Executive Officer, 9Mobile, Mr. Boye Olusanya, […]