Updates

Julius Berger Announces Strategic Partnership with Petralon Energy

June 20, 2017/NSE Lagos (INVESTADVOCATE)-Construction giant, Julius Berger Nigeria Plc on Tuesday announced a strategic partnership and joint investment agreement with Petralon Energy Limited for acquisition and development of oil fields in Nigeria. Julius Berger said the alliance is in line withe the strategic goal of the company to diversify […]

Tall Order of Non-oil Revenue Targets

Culled—Proshare June 20, 2017/FBNQuest Research We comment today on gross non-oil revenue collection in the 12 months to February in the context of the projections for this year per the federal budget and national planning minister’s presentation to the National Assembly in mid-December. Sadly the comparison is not seamless because […]

Nigerian Equities Extend Gains on Industrial, Comsumer Goods Counters

June 20, 2017/Cordros Research Click here for full PDF Report EQUITIES Nigerian equities extended gains, as demand for industrial and consumer goods stocks persisted, with the All Share Index appreciating 0.71% to 34,375.60 points. Following today’s performance, the Month-to-Date and Year-to-Date gains increased to 16.53% and 27.91%. The Industrial Goods […]