April 18, 2017/InvestmentOne Research Forte Oil released its Q1 2017 results last Thursday. Please find key highlights below: · Revenue of N33.00bn; up +19.9% q/q; down -7.3% y/y · Profit before tax of N2.05bn against a -N293m loss before tax in Q4 2016 · Profit after tax of N1.88bn; up […]
Updates
Casablanca, Nairobi rank as leading destinations for Fortune 500 companies establishing international headquarter
April 18, 2017/Infomineo The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 companies, according to a new report released by Infomineo (www.Infomineo.com), a global business research company specialising in Africa and the Middle East. The report focuses on multinationals looking at entering, or […]
Dangote will be the largest exporter of rice in 5 years to come – AfDB President
April 17, 2017/Dangote Group Akinwumi Adesina, president of the African Development Bank (AfDB), says billionaire businessman, Aliko Dangote (www.Dangote.com), may become the largest exporter of rice in the world by 2021. Speaking at the Mo Ibrahim Forum in Morocco over the weekend, Adesina said Africa must focus on agriculture to […]
