June 7, 2017/Press Release In a major and significant move by the Buhari administration to address the food crisis fallouts of the insurgency in the North-East, the Federal Government is now embarking on a multi-billion Naira provision and distribution of food grains especially for Internally Displaced Persons in the region. […]
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ASI: Intraday Update
June 6, 2017/InvestmentOne Research ASI as at 12.00pm: -1.64% Market movers: MOBIL (-9.74%), CUSTODYINS (-8.86%), MAYBAKER (+9.69%), WAPCO (+5.88%) Sector Performances: Consumer Goods (-1.06%), Banking (-0.70%), Oil & Gas (-0.68%), Industrial (+0.16%), Market activity: In today’s early trades, investors have exchanged over 383m units of stocks worth c.N2.5bn.This represents an improvement […]
Seplat Petroleum Devt Company Q4 2016 & Q1 2017 Results Review – A Change in Fortunes on the Cards
Culled—-Proshare June 5, 2017/FBNQuest Research Outperform rating maintained Seplat Petroleum Development Company’s (Seplat) Q1 2017 results were hurt by disruptions to the third-party operated Trans Forcados System (TFS), the company’s major export pipeline route. Seplat posted a loss before tax of –US$18.3m. This marked the fifth consecutive quarter of losses. […]
