By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Wednesday said its return to full year profitability for the period ended December 31, 2017 was driven by gas advantage. Coming on the heels of a post annual general […]
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Weekly Valuation Summary June 4, 2018
June 4, 2018/Cordros Capital CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY was flat a tNGN12.50. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ CADBURY published Q1-18 result, showing EBIT was higher by 76.2% while PBT was lower by 67.2%, […]
Ecobank Partners Kwara Govt on Land Administration
June 1, 2018/Ecobank Ecobank has entered into a strategic partnership with the Kwara State Government and South Gate Technologies on land administration. This entails the computerization of the end to end processes of all land related matters in Kwara State as opposed to the manually driven mechanism which allows for […]
