November 29, 2016/NSE Further to our communication of October 19, 2016, where we disclosed that ExxonMobil Oil Corporation (EMOC) our majority shareholder, had executed a sale and purchase agreement with NIPCO Investment Limited for the acquisition of EMOC’s entire 60% equity ownership in Mobil Oil Nigeria Plc, we have received […]
Updates
Southern African CSOs commend AfDB for engaging with them on delivery of Bank’s High 5 priorities
November 29, 2016/AfDB During a consultation meeting that opened on November 28 in Johannesburg, South Africa, Southern African civil society organizations (CSOs) commended the African Development Bank (AfDB) for seeking their input for better delivery of its operational priorities. “As CSOs, we would like to commend the Bank for its […]
UAC of Nigeria Q3 2016 Results Review – Outperfom Rating Maintained
Culled—Proshare November 29, 2016/FBNQuest Research PT unchanged; 2016-17E EPS forecasts up 3% UAC of Nigeria’s (UACN) Q3 2016 results were quite encouraging following a run of very difficult quarters. The group posted sales and PBT growth of 20% y/y and 231% y/y to N20.9bn and N2.4bn resp. and were ahead […]
