November 14, 2016/Reuters By Marc Jones | LONDON The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher. It was a […]
Updates
Disruptions to Oil Production
Culled—Proshare Novenber 14, 2016/FBNQuest Research The CBN’s Economic Report for May showed that Nigeria’s oil output (including condensates and NGLs) decreased by 20% to 1.35 million barrels per day (mbpd) from 1.68mbpd in April. The allocation of crude oil for domestic consumption remained at 0.45mbpd or 13.95mb during the period […]
UACN Announces Mandatory Take-Over of 2 Million Ordinary Shares in PORTPAINT
November 14, 2016/NSE Stanbic IBTC Stockbrokers hereby on behalf of UAC of Nigeria Plc (“UACN”) notify Dealing Members of the Mandatory Take-Over bid of up to 2,000,000 ordinary shares of 50 Kobo each in Portland Paints and Products Nigeria Plc (“Portland Paints” or the “Company”) at N4.47 per share (the […]
