Updates

Nigeria oil min says not opposed to eventually joining output cuts

May 25, 2017/Reuters Nigerian Oil Minister Emmanuel Ibe Kachikwu said on Thursday that conceptually Nigeria was not opposed to joining OPEC production caps but would have to wait and see if production came back to acceptable levels. “We are targeting that by the end of the extension period (9 months) […]

ASI: Intraday Update-InvestmentOne

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 […]

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 […]