May 25, 2017/InvestmentOne Research ASI as at 12.00pm: +0.60% Market movers: UAC-PROP (+9.74%), CILEASING (+4.76%), MOBIL (-5.00%), MAYBAKER (-4.58%) Sector Performances: Banking (+1.71%), Consumer Goods (+0.62%), Oil & Gas (-1.29%), Industrial (-0.03%) Market activity: Compared to this time yesterday, activity levels have improved today as investors have exchanged 113m units of […]
Updates
Five Best Performing Sector – Transport by Far the Best Performer
Culled—Proshare May 25, 2017/FBNQuest Research From the national accounts for Q1 2017 we highlight the five best performing sectors. Although the economy was still contracting in Q1, we are covering the better performers because we see that a modest recovery is underway. We cover only those sectors accounting for at […]
ntel seeks $300m for network expansion
Kamar Abass, CEO ntel May 25, 2017/Punch Ozioma Ubabukoh Nigeria’s fourth-generation telecommunication services operator, ntel, has begun a third round of fundraising to meet its projected $1bn investment in 4G mobile broadband by 2020. Although the company’s Chief Executive Officer, Kamar Abass, did not disclose the specific amount being targeted, […]
