October 11, 2016/West African International Petroleum Exhibition and Conference The Petroleum Technology Association of Nigeria (PETAN) has announced the launch of the inaugural West African International Petroleum Exhibition and Conference (WAIPEC) (www.WAIPEC.com) taking place 21-23rd February 2017 at the Eko Convention Centre, Lagos, Nigeria. PETAN has created WAIPEC as part […]
Updates
NSE Sustains Bullish Trend on Buy Interest in Banking, Consumer Goods Stocks
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday sustained its bullish trend as the all-share index (ASI) climbed 0.39 percent to close the session at 28,034.32 points, following buying interest in Consumer and Banking names. “Today’s performance further reduced the Month-to-Date and Year-to-Date losses to 1.06 percent and […]
UBA Rated Outperform; Records 16% PBT Growth YoY in Q3 2016 Results
Culled—Proshare Event: United Bank for Africa (UBA) reports Q3 2016 results Implications: Slight positive reaction by the market likely Positives: Q3 PBT up 16% y/y, 18% ahead of our estimate Negatives: Limited to opex growing 25% y/y, surprising negatively by 27% UBA’s Q3 2016 results which were released this morning […]
