Author: Kingsley Ighomwenghian

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Caverton 2019Q1: Valuation Upgrade On Future Juicier Profit, ROI

Caverton 2019Q1: Valuation Upgrade On Future Juicier Profit, ROI

Coy: Caverton Offshore Support Group Plc (Caveton) Rating: Buy Current Market Price: N2.40 Year High: N3.26 Year Low: N2.40 Fair Value: N5.44 Eq...
Vodacom Sells Subsidiaries In Nigerian, Ghana, Others

Vodacom Sells Subsidiaries In Nigerian, Ghana, Others

South African mobile phone operator Vodacom Group Ltd said on Friday it has agreed to sell its Business units offering business-managed services to en...
UBA Plc Boss Tasks Academia On Equipping Graduates For Technology Advancement

UBA Plc Boss Tasks Academia On Equipping Graduates For Technology Advancement

The Group Executive Director of United Bank for Africa Plc, Liadi Ayoku, on Wednesday, challenged Africa’s academic community to overhaul the training...
Drama, As NGSE Index Turns Pale On Medium, Large Cap Stocks Decline

Drama, As NGSE Index Turns Pale On Medium, Large Cap Stocks Decline

Market Update for June 20 The prevailing lull on the Nigerian Stock Exchange continued on Thursday as stocks closed lower continuing its losing strea...
New Owners To Retain Forte Oil Brand Name, As Share Price Drop 10%

New Owners To Retain Forte Oil Brand Name, As Share Price Drop 10%

The board of Forte Oil Plc, on Thursday, intimated stakeholders through the Nigerian Stock Exchange (NSE) that parties to the transaction that saw maj...
OPEC, NEITI Congratulate Kyari On Appointment As New NNPC GMD

OPEC, NEITI Congratulate Kyari On Appointment As New NNPC GMD

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), congratulated Mele Kolo Kyari, newly appointed Group Managing Direc...
Aftermath Of Ownership Change: Forte Oil Replaces Group CEO

Aftermath Of Ownership Change: Forte Oil Replaces Group CEO

The board of petroleum products marketing giant- Forte Oil Plc, on Thursday announced the exit of Akin Akinfemiwa, its Group Chief Executive, after se...
Lafarge Swaps Loss Making S’African Arm For $316.3m Debt To Parent Company

Lafarge Swaps Loss Making S’African Arm For $316.3m Debt To Parent Company

Cement making giant- Lafarge Africa Plc, on Wednesday said talks are at an advance stage for the sale of its loss-making South African subsidiary by L...
High Volumes, Despite Down Market Signals Hope, As Investors Position For Q2 Earnings

High Volumes, Despite Down Market Signals Hope, As Investors Position For Q2 Earnings

Market Update for June 19 Trading on the Nigerian Stock Exchange (NSE) again closed lower at the midweek, to further consolidate the three consecutiv...
Lafarge Africa Reports 74.56% After Tax Loss Decline In 2018

Lafarge Africa Reports 74.56% After Tax Loss Decline In 2018

The board of Lafarge Africa Plc, on Wednesday, published its long-awaited audited financials for the year ended December 31, 2018, showing a flat 3.09...
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