By InvestAdvocate Lagos (INVESTADVOCATE)-Investment banking firm, Cowry Asset Management Limited said on Friday Johnson Chukwu, managing director (MD) of the company will present a Paper “Private Equity as tool for building the electricity sector of the future” at the 19th Annual Power and Electricity World Africa 2016 conference in Johannesburg, […]
Tag: Johannesburg
Oando shares rebound 10 pct on ConocoPhillips deal
Shares of Nigerian energy firm Oando surged 10 percent on Monday after it said it had ended a long wait to secure funds to acquire the upstream oil and gas business of ConocoPhillips in Nigeria. Oando shares, which dropped nearly 30 percent last week, rose 1.86 naira to 21.11 naira […]
Mobius Prefers Nigerian Banks to South African Peers on Value
Mark Mobius, chairman of Templeton Emerging Markets Group, is picking Nigerian bank stocks ahead of South African peers as Johannesburg-based lenders battle rising bad-debt charges while trading at higher valuations. “The banks up north are cheaper,” Mobius said in an interview in Johannesburg yesterday, referring to Lagos-based lenders. “The big […]
