What To Expect From The Markets This Week - 220719

What To Expect From The Markets This Week - 220719    Proshare Nigeria Limited Saturday, July 20, 2019 08:00 AM / Proshare *Content*. Nigeria: Economic Dashboard @190719. Proshare Nigeria Pvt. Ltd. Editor's Pick. Source: Vetiva Fixed ... read more

Specialty Fats And Oils Market Projected to Experience Major Revenue Boost during the Period between 2018 to 2025

Specialty Fats And Oils Market Projected to Experience Major Revenue Boost during the Period between 2018 to 2025    Market Reports “Trends market research (TMR) has published a new market report titled “Specialty fats and oils market by 2025.”According to the report, the \ is estimated to be ... read more

Our demands from the government, by POFON

Our demands from the government, by POFON    Guardian Executive Secretary of the Plantation Owners Forum of Nigeria (POFON), Mr Fatai Afolabi, spoke with FEMI IBIROGBA on what the forum demands from the ... read more

Stock market loses N291bn in four days

Stock market loses N291bn in four days    The Punch Feyisayo Popoola Despite analysts' predictions that the performance of the nation's stock market would begin picking up in the second half of the ... read more

Demand Scenario of Specialty Fats And Oils Market to Remain Positive Through 2025

Demand Scenario of Specialty Fats And Oils Market to Remain Positive Through 2025    Turned News Trends market research (TMR) has published a new market report titled “Specialty fats and oils market by 2025.”According to the report, the \ is estimated to be ... read more

Specialty Fats And Oils Market is projected to be valued at around US$ 57 Bn by 2025 end

Specialty Fats And Oils Market is projected to be valued at around US$ 57 Bn by 2025 end    Herald Space According to a new report published by Persistence Market Research titled “Specialty Fats and Oils Market: Global Industry Analysis (2012-2016) and Forecast ... read more

Nigeria Plans to Invest $500 Million to Boost Palm Oil Production

Nigeria Plans to Invest $500 Million to Boost Palm Oil Production    Bloomberg Nigeria plans to increase its palm oil production 700% over the next eight years to help improve its foreign-exchange earnings that are largely dependent on ... read more

Presco pays shareholders N2bn dividend, posts N25.40bn profit

Presco pays shareholders N2bn dividend, posts N25.40bn profit    Punchng Shareholders of Presco Plc on Wednesday approved the payment of 200 kobo dividend, amounting to N2bn for the year ended December 31, 2017. This ... read more

Investors jittery as losses rise to N1.31tr

Investors jittery as losses rise to N1.31tr    The Nation Newspaper Many investors are in jitters as sustained losses depressed the share prices of most quoted companies to their lowest values in more than a year. read more

Presco Q1 2019 and Q4 2018 Results Review: Weak Earnings Outlook for FY 2019E

Presco Q1 2019 and Q4 2018 Results Review: Weak Earnings Outlook for FY 2019E    Proshare Nigeria Limited Presco's Q1 2019 and Q4 2018 results both disappointed. Compared with our estimate, Q1 2019 earnings of N2.1bn, which declined by -18% y/y, missed by ... read more

Nigeria's Oil Palm Sector - An Investment Case for OKOMUOIL and PRESCO

Nigeria's Oil Palm Sector - An Investment Case for OKOMUOIL and PRESCO    Proshare Nigeria Limited Following the release of our report on Nigeria's oil palm sector where we opined that the industry is keenly positioned to soar further over the coming years (as ... read more

Specialty Fats And Oils Market Top Key Players are- 3F GROUP, Musim Mas Group, Fuji Oil USA, Oleo-Fats Inc. (D&L Industries Inc.), De Wit Specialty Oils

Specialty Fats And Oils Market Top Key Players are- 3F GROUP, Musim Mas Group, Fuji Oil USA, Oleo-Fats Inc. (D&L Industries Inc.), De Wit Specialty Oils    Market Mirror Specialty Fats And Oils Market Top Key Players are- 3F GROUP, Musim Mas Group, Fuji Oil USA, Oleo-Fats Inc. (D&L Industries Inc.), De Wit Specialty Oils. read more

Presco nets N22.37bn revenue, declares N2bn dividend for shareholders

Presco nets N22.37bn revenue, declares N2bn dividend for shareholders    Vanguard BENIN—CHAIR-MAN, Board of Directors, Presco Plc, Edo State, Pierre Vandebeeck, yesterday, said the company witnessed significant revenue growth from ... read more

Presco Plc Q4 2017 Results Review - Surprise Increase in Opex Offset Q4 Revenue Growth

Presco Plc Q4 2017 Results Review - Surprise Increase in Opex Offset Q4 Revenue Growth    Proshare Nigeria Limited Full-year 2017 result of Presco Plc. (Presco) revealed improvement in core operating performance on the back of strong growth in sales (+42.3% YoY to N22.4 ... read more

Nigeria: Experts Foresee Bright Prospects in Oil Palm Companies

Nigeria: Experts Foresee Bright Prospects in Oil Palm Companies    AllAfrica.com Investors in companies operating in the oil palm sector of the Nigerian economy have very bright prospects of reaping high returns going forward. read more

How Presco changed our lives – Host communities

How Presco changed our lives – Host communities    Vanguard HOST communities in Edo and Delta states have spoken well of the Nigerian market leader for specialty fats and oils, Presco Plc, for turning around the lives of ... read more

NSE market capitalisation drops further by N33 billion

NSE market capitalisation drops further by N33 billion    Premium Times Activities on the Nigerian Stock Exchange (NSE) sustained negative trend on Thursday with the market indicators dropping further by 0.26 per cent. Specifically ... read more

The Nigerian Oil Palm Sector Report... Full Steam Ahead

The Nigerian Oil Palm Sector Report... Full Steam Ahead    Proshare Nigeria Limited Oil Palm is currently the most consumed edible oil in the world with Malaysia and Indonesia being the top major producers. Globally, production of oil palm has ... read more

PRESCO Reports Q1 2018 Results – Neutral to Negative Reaction by the Market Expected

PRESCO Reports Q1 2018 Results – Neutral to Negative Reaction by the Market Expected    Proshare Nigeria Limited Presco published its Q1 2018 results which showed that sales declined by -8% y/y to N6.6bn. In addition to the sales decline, gross margin contracted by ... read more

Nigerian Palm Oil Sector - Weaker CPO Prices Dim Sector Outlook

Nigerian Palm Oil Sector - Weaker CPO Prices Dim Sector Outlook    Proshare Nigeria Limited In the wake of weakening global crude palm oil (CPO) prices and relative stability in the naira at the parallel market, domestic CPO prices have trended lower ... read more

NSE Release: Oando Plc Warns Against Unofficial Company News Circulating In The Media

NSE Release: Oando Plc Warns Against Unofficial Company News Circulating In The Media    Proshare Nigeria Limited Our attention has been drawn to an unsigned document circulating online addressed to the Securities and Exchange Commission (SEC) and allegedly from the ... read more

Nigeria in 1min: Economic, Business and Financial Headlines – 010719

Nigeria in 1min: Economic, Business and Financial Headlines – 010719    Proshare Nigeria Limited As a nation, we have allowed the bearers of bad news become the pallbearers of our happiness. We have, for too long, focused on the plant instead of the soil ... read more

Edo, FG to make Nigeria world's biggest palm oil producer - Obaseki

Edo, FG to make Nigeria world's biggest palm oil producer - Obaseki    Vanguard EDO State governor, Mr. Godwin Obaseki, has said that the state had joined forces with the Federal Government and other partners to re-establish the country to ... read more

CORPORATE GOVERNANCE FAILURE: More firms attract NSE sanctions for flouting post listing rules

CORPORATE GOVERNANCE FAILURE: More firms attract NSE sanctions for flouting post listing rules    Vanguard THE number of quoted firms sanctioned by the Nigerian Stock Exchange, NSE, for flouting its post listing rules rose by 28 percent in 2018 reflecting decline in ... read more

Security: Obaseki mobilises stakeholders; Presco, Okomu, NPDC, BUA , Dangote, others

Security: Obaseki mobilises stakeholders; Presco, Okomu, NPDC, BUA , Dangote, others    Vanguard As the Edo State Governor, Mr. Godwin Obaseki, finetunes plans for the launch of the state's Security Architecture later in the month, private companies in the ... read more

The Okomu Oil Palm Plc Q1 2019 Numbers - Bumpy Year Ahead

The Okomu Oil Palm Plc Q1 2019 Numbers - Bumpy Year Ahead    Proshare Nigeria Limited The Okomu Oil Palm Plc Q1 19 numbers released earlier this week, came with few surprises to us, with the major one being the more than expected decline in ... read more

Nigeria: Producers Fault Proposed Palm Oil Importation Under ETLS

Nigeria: Producers Fault Proposed Palm Oil Importation Under ETLS    AllAfrica.com Stakeholders and members of the Plantation Owners Forum of Nigeria (POFON), have urged the Federal Government to dismiss the proposed application by ... read more

Tension escalates between Presco, Delta community over shooting of policemen

Tension escalates between Presco, Delta community over shooting of policemen    Vanguard There is tension between Abraka community, Ethiope East Local Government Area, Delta State and Presco Plc Nigeria, an Edo State-based agricultural firm, ... read more

Evaluating Agriculture Finance in Nigeria: Towards The US$1trn African Food Market By 2030

Evaluating Agriculture Finance in Nigeria: Towards The US$1trn African Food Market By 2030    Proshare Nigeria Limited To maintain its share of the continent's agriculture GDP by 2030, Nigeria will need to grow its agriculture sector revenues by a compounded annual growth rate ... read more

The Okomu Oil Palm Plc Q1 2019 - Worrisome Start To The Year

The Okomu Oil Palm Plc Q1 2019 - Worrisome Start To The Year    Proshare Nigeria Limited The Okomu Oil Palm Plc released its first quarter 2019 result on Friday which showed significant contraction in PAT by 71% YoY to N1 billion, translating to an ... read more

We're under siege by Presco, Delta communities cry out

We're under siege by Presco, Delta communities cry out    Vanguard Edo, Delta profiting from our operations—Presco's Relations Supervisor Delta govt warns firm to stop activities in disputed areas, bullying villagers. Lawmaker ... read more

Here are the top 10 price gainers and losers at the Nigerian Stock Exchange last week

Here are the top 10 price gainers and losers at the Nigerian Stock Exchange last week    Pulse Nigeria Profit taking in major companies contributed to the negative performance of the Nigerian Stock Exchange for the second week as market depreciated by 0.48% read more

Presco: Land disputes rock Edo, Delta states

Presco: Land disputes rock Edo, Delta states    Vanguard Presco not operating on Delta land — Philip Shaibu, Edo Dep Gov If Presco thinks it's lawless, it's a waste of time — Peter Mrakpor, AG, Delta We acquired land ... read more

Nigerian Stock Exchange fines First Bank, Fidelity Bank, 4 others over late submission of financial results

Nigerian Stock Exchange fines First Bank, Fidelity Bank, 4 others over late submission of financial results    Pulse Nigeria The affected banks are FBN Holdings, Sovereign Trust Insurance, Fidelity Bank, Sterling Bank, Meyer and Presco Plc. read more

College of Agric Iguoriakhi: 40 students begin 3-month training at Presco

College of Agric Iguoriakhi: 40 students begin 3-month training at Presco    Vanguard Another milestone has been recorded in Edo State as Governor Godwin Obaseki's effort to reposition the College of Education, Iguoriakhi, is yielding result, ... read more

Presco targets 15,000 hectares in Edo State

Presco targets 15,000 hectares in Edo State    Guardian Nigeria Presco Nigeria Plc has set aside 15000 hectares for cultivation in Edo State, as part of its ongoing expansion exercise.The Managing Director, Felix Nwabuko, ... read more

Nigeria: Stemming the Tide of Rising Wave of Crude Palm Oil Imports

Nigeria: Stemming the Tide of Rising Wave of Crude Palm Oil Imports    AllAfrica.com Introduction and background. GENTLEMEN of the press, it's my pleasure to welcome you to this joint press conference of the major palm oil producing ... read more

2018 Pearl Awards To Hold On 25th November, 2018

2018 Pearl Awards To Hold On 25th November, 2018    Proshare Nigeria Limited Nigeria's leading capital market awards ceremony “The Pearl Awards” will hold its 2018 edition on Sunday November 25th at Eko Hotel " Suites in Lagos. read more

Objectives of the roundtable on sustainable palm oil (RSPO)

Objectives of the roundtable on sustainable palm oil (RSPO)    Guardian Nigeria The RSPO Board of Governors (BoG) has endorsed the Nigeria National Interpretation (NGNI) document . NGNI 2017, as it is known, is based on the RSPO P&C ... read more

Specialty Fats And Oils Market is Expected to Increase at a CAGR of 5.2% During the Forecast Period 2017-2025

Specialty Fats And Oils Market is Expected to Increase at a CAGR of 5.2% During the Forecast Period 2017-2025    Antigua International According to a new report published by Persistence Market Research titled “Specialty Fats and Oils Market: Global Industry Analysis (2012-2016) and Forecast ... read more

Edo Poly commissions Analytical Lab. with only functional Gas Chromatography equipment in South-South

Edo Poly commissions Analytical Lab. with only functional Gas Chromatography equipment in South-South    Vanguard The Edo State Polytechnic formally known as Edo State Institute of Technology and Management (ESITM), Usen, has commissioned an Analytical Laboratory, ... read more

Seplat's acquisition plan still on course, assures shareholders of capital appreciation

Seplat's acquisition plan still on course, assures shareholders of capital appreciation    Vanguard By Peter Egwuatu. SEPLAT Petroleum Development Company Plc has explained that its plan for acquisition of plant to boost production is still on course, just as ... read more

College of Agric Iguoriakhi: 48 students commence internship at NIFOR

College of Agric Iguoriakhi: 48 students commence internship at NIFOR    The Nation Newspaper Not less than 48 students of the College of Agriculture, Iguoriakhi, have been absorbed by the Nigerian Institute For Oil Palm Research (NIFOR) for a 3-month ... read more

Gunshots rock Delta community as Police, youths clash

Gunshots rock Delta community as Police, youths clash    Vanguard EKU—THERE was pandemonium yesterday afternoon, at Eku community, Ethiope East Local Government Area of Delta State, following a clash between youths ... read more

Edo to massively invest in Oil palm

Edo to massively invest in Oil palm    P.M. News Gov. Godwin Obaseki of Edo on Thursday said that his administration, in its quest to diversify the state's economy, would invest massively in the development of ... read more

Okomu Oil Palm Company Plc - Earnings on a path to another historic year

Okomu Oil Palm Company Plc - Earnings on a path to another historic year    Proshare Nigeria Limited OKOMUOIL reported its Q1'17 earnings last week, showing impressive performance across board. Strong domestic Crude Palm Oil (CPO) prices continued to lift ... read more

Olam opens US$150m feed mills to spur Nigeria food business

Olam opens US$150m feed mills to spur Nigeria food business    The Straits Times ABUJA, NIGERIA (BLOOMBERG) - Olam International opened US$150 million (S$202.6 million) animal-feed mills and poultry farms in Nigeria to boost its ... read more

Research report explores high potential Growth the Specialty Fats and Oils Market – Week Day Times

Research report explores high potential Growth the Specialty Fats and Oils Market – Week Day Times    Weekday Times “Trends market research (TMR) has published a new market report titled “Specialty fats and oils market by 2025.”According to the report, the specialty fats and ... read more

Nigerian Press Council Bill 2018: 5 Things to Note

Nigerian Press Council Bill 2018: 5 Things to Note    Proshare Nigeria Limited The recently proposed Nigerian Press Council Bill by the Senate of the Federal Republic of Nigeria has generated a lot of debate across the country, ... read more

Here are top 10 price gainers as the Nigerian Stock Exchange tumbled last week

Here are top 10 price gainers as the Nigerian Stock Exchange tumbled last week    Pulse Nigeria Oando Plc and Jaiz Bank led the top 10 companies on the price gainers table as the Nigerian stock exchange All-Share Index and market capitalisation closed ... read more

23yrs running: Boundary Commission unable to determine Edo, Delta border

23yrs running: Boundary Commission unable to determine Edo, Delta border    Vanguard ASABA- INSTEAD of ebbing, the boundary row between Edo and Delta states is snowballing, following the strange inability of the National Boundary ... read more

Obaseki asks religious leaders to groom credible leaders

Obaseki asks religious leaders to groom credible leaders    Vanguard The Edo State Governor, Mr. Godwin Obaseki, has tasked religious leaders in the country to play active role in grooming God-fearing leaders who will provide ... read more

Oando shares rebound despite weak market sentiment

Oando shares rebound despite weak market sentiment    The Punch Firm decries police presence at head office 'Femi Asu The share price of Oando Plc rebounded on Thursday, the first day of trading after the c... read more

Stanbic IBTC wins Best Investment Bank in Nigeria at Euromoney Awards

Stanbic IBTC wins Best Investment Bank in Nigeria at Euromoney Awards    Leadership Newspaper Stanbic IBTC Capital Limited, a member of Stanbic IBTC Holdings PLC (“Stanbic IBTC”), reaffirmed its position as the leading investment banking institution in ... read more

Declining palm oil production, yet another drawback on economic diversification

Declining palm oil production, yet another drawback on economic diversification    Guardian Nigeria Nigeria's steady decline in palm oil production has not only become a riddle yet to be unraveled by the Federal Government, processors... read more

NSE suspends trading in Unity Bank, five others’ shares

NSE suspends trading in Unity Bank, five others’ shares    The Punch Cadbury, 23 others push market lower by N168bn Feyisayo Popoola The Nigerian Stock Exchange has suspended trading in the shares of Unity Bank Pl... read more

Oando Plc Announces FYE 2018 Results, Posts N28.8 Billion Profit-After-Tax

Oando Plc Announces FYE 2018 Results, Posts N28.8 Billion Profit-After-Tax    Proshare Nigeria Limited Oando PLC (referred to as “Oando” or the “Group”), Nigeria's leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, ... read more

Nestle Nigeria Plc Revenue Outperformance Drives Earnings Beat

Nestle Nigeria Plc Revenue Outperformance Drives Earnings Beat    Proshare Nigeria Limited Reporting the strongest quarterly revenue figure on record, NESTLE's Q1'17 results came in better than expected across most line items. read more

Benin Prince Ezelekhae Ewuare II, launches 'Odumalife' Foundation

Benin Prince Ezelekhae Ewuare II, launches 'Odumalife' Foundation    Vanguard On Saturday 25th August, 2018 history was made in Benin City, Edo State when the Crown Prince of Benin Kingdom, Prince Ezelekhae Ewuare II, alongside ... read more

Nigerian stock market loses $540.6 million in one day after election delays

Nigerian stock market loses $540.6 million in one day after election delays    Pulse Nigeria Analysis of the market shows that bellwether stocks such as Nigerian Breweries, GTBank, Zenith Bank drag on the first day of the trading week. read more

Governor Obaseki And The 400 Sacked Lecturers In Edo By Erasmus Ikhide

Governor Obaseki And The 400 Sacked Lecturers In Edo By Erasmus Ikhide    SaharaReporters.com The state government in a letter signed by the state commissioner for agriculture and natural resources, Monday Osaigbovo, and dated May 25, 2018 to all the ... read more

Fact File on Crude Palm Oil (CPO) in Nigeria, Cote d'Ivoire and Ecowas

Fact File on Crude Palm Oil (CPO) in Nigeria, Cote d'Ivoire and Ecowas    Proshare Nigeria Limited Nigeria is the fourth largest producer of palm oil in the world accounting for 3% of global production. The Nigerian Institute for Oil Palm Research (NIFOR) ... read more

Why These Listed Companies Have Delayed Filing Results As At March 31, 2018

Why These Listed Companies Have Delayed Filing Results As At March 31, 2018    Proshare Nigeria Limited Quoted companies listed on the floor of the Nigerian Stock Exchange are expected to the file their audited financial statement after 90 days at the end of every ... read more

Storm over alleged helicopter supplies to herdsmen in Delta

Storm over alleged helicopter supplies to herdsmen in Delta    Vanguard No such supplies- Police •We see helicopter make supplies – Residents •My constituents told me they saw helicopter dropping supplies – Lawmaker. By Emma ... read more

VIO officers allegedly kill Ebonyi elders’ council secretary

VIO officers allegedly kill Ebonyi elders’ council secretary    Guardian Nigeria Chief Geoffrey Mgbada, secretary of the Ebonyi State Elders Council, was said to be driving with his wife when he was intercepted by the VIO personnel along ... read more

EBO Launched; Identifies 10 Areas For Private Sector and Govt Collaboration

EBO Launched; Identifies 10 Areas For Private Sector and Govt Collaboration    Proshare Nigeria Limited Being text of a speech delivered by Folashade Ambrose-Medebem, EBO Founding President, on the occasion of the launch of the European Business ... read more

MTN Nigeria suffers first share price drop

MTN Nigeria suffers first share price drop    The Punch 'Femi Asu MTN Nigeria Communications Plc saw its share price fall on Friday for the first time since it got listed on the Nigerian Stock Exchange.... read more

PROFILE: Peterside, the CEO who — at 33 — grew a $billion business from a tiny office

PROFILE: Peterside, the CEO who — at 33 — grew a $billion business from a tiny office    TheCable TheCable | Nigeria's independent online newspaper. read more

Dangote Flour emerges best performing stock on NSE in February

Dangote Flour emerges best performing stock on NSE in February    Premium Times Dangote Flour led other equities in February on the NSE to emerge as the best performing stock, in percentage terms, with 81.66 per cent growth. read more

Nigeria Ranked 125 Out of 137 Economies in the Global Competitiveness Report 2017–2018

Nigeria Ranked 125 Out of 137 Economies in the Global Competitiveness Report 2017–2018    Proshare Nigeria Limited Nigeria (125th) moves up two positions in the rankings despite its score having fallen every year since 2012. This report was released in September 2017 ahead ... read more

Boundary Dispute: Edo, Delta govts urge border communities on peaceful coexistence

Boundary Dispute: Edo, Delta govts urge border communities on peaceful coexistence    Vanguard The Edo and Delta state governments have called on border communities in both states to sheath their swords and live harmoniously pending the determination ... read more

Deloitte Issues Press Statement on OANDO Forensic Audit

Deloitte Issues Press Statement on OANDO Forensic Audit    Proshare Nigeria Limited Our attention has been drawn to a press statement issued by OANDO Plc on Tuesday, 18 June 2019. We believe that the press statement contains material ... read more

Agribusiness: Edo investors count gains, brainstorm on solutions to challenges

Agribusiness: Edo investors count gains, brainstorm on solutions to challenges    Vanguard To attract more investments in agribusiness, governments must open up the space for smallholder farmers, ensure sufficient fund is provided for research and ... read more

Buhari gets kudos, knocks for comments at Imo presidential rally

Buhari gets kudos, knocks for comments at Imo presidential rally    Guardian Chiefains of the All Progressives Congress (APC) and Imo people yesterday reacted differently to President Muhammadu Buhari's comments at the party's ... read more

NSE sanctions eight companies for late results

NSE sanctions eight companies for late results    The Nation Newspaper ... • 31 others to be penalised. The Nigerian Stock Exchange (NSE) has sanctioned eight companies for submitting their audited reports and accounts for the ... read more

More companies flout NSE's post listing requirements

More companies flout NSE's post listing requirements    Vanguard Conoil, Academy Press, Niger Insurance, 18 others involved. NSE imposes N132m as penalty for default. Shareholders advocate sanctions on directors. read more

Community warns: Don't add Effurun families to Agaga Erugba leadership

Community warns: Don't add Effurun families to Agaga Erugba leadership    Vanguard The people of Agaga Erugba community in Uvwie Local Government Area of Delta State have vowed to resist any attempt to add other families from Effurun ... read more

Back From The Launch of Wema Bank's "ALAT"

Back From The Launch of Wema Bank's "ALAT"    Proshare Nigeria Limited ALAT enables you to own a bank account via five (5) simple steps in five (5) minutes without stepping into a banking hall. It is paperless as all you require is your ... read more

Palm Oil, a Potential Cash Cow

Palm Oil, a Potential Cash Cow    Proshare Nigeria Limited With the slump in oil prices and a slash in revenue inflows, Nigeria, the largest economy in Africa, is desperately in need of other revenue sources. Palm oil may ... read more

Serving God is not for clerics alone, says Bishop Abioye

Serving God is not for clerics alone, says Bishop Abioye    Vanguard Karu (Nasarawa) – Bishop David Abioye, Senior Pastor of Living Faith Church, Goshen, Karu, Nasarawa, says Christians don't have to be ordained to serve God ... read more

Edo to co-invest in devt of Weppa Farm

Edo to co-invest in devt of Weppa Farm    The Nation Newspaper Edo State Governor, Mr. Godwin Obaseki, has said that the state government will in the coming weeks sign a Memorandum of Understanding (MoU) with the ... read more

Section 5 Of The Constitution And The Mohammed Bello Adoke Case

Section 5 Of The Constitution And The Mohammed Bello Adoke Case    Proshare Nigeria Limited His Lordship Justice Binta Nyako at the Federal High Court sitting in the Federal Capital Territory last Friday, gave an instructive, landmark judgment in the ... read more

37 C'River communities, multinational firm at daggers drawn over land

37 C'River communities, multinational firm at daggers drawn over land    Vanguard CALABAR—THIRTY- SEVEN host communities straddling four local government areas of Cross River State, are on collision course with Wilmer PZ International, ... read more

10 dead, 30 children hurt as Nigeria policeman rams car into crowd

10 dead, 30 children hurt as Nigeria policeman rams car into crowd    Guardian Ten people were killed and more than 30 injured when a policeman rammed his car into a group of children during an Easter procession in northeast Nigeria, ... read more

NSR H2 2018 (12)- Nigerian Inflation: Approaching an Inflection Point

NSR H2 2018 (12)- Nigerian Inflation: Approaching an Inflection Point    Proshare Nigeria Limited In our H1 18 strategy report, we projected a drop-in headline inflation, anchored on the blend of soft domestic food prices and base-effects (H1 17) with the scale ... read more

Caroline Eme Bassey (1948 – 2019)

Caroline Eme Bassey (1948 – 2019)    Guardian Mrs. Caroline Eme Bassey was born in Victoria-Cameroon on January 3, 1948 into a humble yet a royal home of Chief Asuquo Nyong Umoh Esoho of the Duke ... read more

Manufacturers in quest of local raw materials

Manufacturers in quest of local raw materials    Punchng To remain competitive and maximise returns, manufacturing companies in Nigeria are leveraging the backward integration model to enhance local supply of ... read more

Youths protest against alleged plan to split Benin kingdom

Youths protest against alleged plan to split Benin kingdom    Guardian Probably to prevent a repeat of what happened in Kano State recently, hundreds of Edo youths yesterday protested against alleged plan to create a new ... read more

Obaseki approves payment of 290 ex-workers of agric colleges

Obaseki approves payment of 290 ex-workers of agric colleges    Vanguard The Edo State government has approved the payment of 290 former workers of the College of Agriculture, Iguoriakhi and College of Agricultural Technology, ... read more

Buhari revokes five oil mining, prospecting licences

Buhari revokes five oil mining, prospecting licences    Guardian President Muhammadu Buhari has revoked four oil mining and one prospecting licences. The Department of Petroleum Resources (DPR), which communicated ... read more

Go to court, coalition of lawyers tells Gbajabiamila

Go to court, coalition of lawyers tells Gbajabiamila    Guardian A group of lawyers has challenged Mr Femi Gbajabiamila, immediate past Majority Leader, House of Representatives, to go to court over the criminal allegation ... read more

2017 in Perspective: 8 Stocks to BUY and HOLD in 2017....

2017 in Perspective: 8 Stocks to BUY and HOLD in 2017....    Proshare Nigeria Limited At the close of year 2015, we published about 25 stocks not to buy in year 2016 due to falling fundamentals of these stocks. read more

Kano anti-graft agency recommends Sanusi’s suspension

Kano anti-graft agency recommends Sanusi’s suspension    Guardian Nigeria The Kano State Public Complaints and Anti-corruption Commission has recommended the suspension of the Emir of Kano, Alhaji Muhammadu Sanusi II... read more

Early morning fire razes 13 shops in Agbara Market

Early morning fire razes 13 shops in Agbara Market    Guardian Nigeria An early morning inferno on Wednesday consumed no fewer than 13 shops located at the Agbara Market, along the Lagos-Badagry Expressway in Lagos. read more

Showdown in Congress between Trump, Democrats intensifies

Showdown in Congress between Trump, Democrats intensifies    Guardian Nigeria The clash between US President Donald Trump and the Democratic majority in Congress intensified on Monday, with the White House telling the president's ... read more

Turner Wright ends N54 billion deal with Milost Global

Turner Wright ends N54 billion deal with Milost Global    Guardian Turner Wright Limited (TWL) has ended its business deal with Big Time Holdings Incorporated (BTHI) and Williamsville Smith Management Limited (WSML), ... read more

Okomu Oil Q4 2018 and Q1 2019 Results Review: Up Against Strong Headwinds in 2019

Okomu Oil Q4 2018 and Q1 2019 Results Review: Up Against Strong Headwinds in 2019    Proshare Nigeria Limited Okomu Oil's (Okomu) Q1 2019 earnings came in weaker than expected, down -71% y/y to N1.0bn. Compared with our forecast, earnings missed by around 50%. read more

Bauchi governor declares appointments, promotions null and void

Bauchi governor declares appointments, promotions null and void    Guardian Nigeria Bauchi State governor Bala Mohammed has declared that all appointments, promotions and transfers made from the day he was declared the winner of the ... read more

The power of forgiveness at divine mercy Sunday

The power of forgiveness at divine mercy Sunday    Guardian Nigeria Today is Divine Mercy Sunday. Today, we are reaping the dividends of Easter. One of the reasons our Lord Jesus Christ suffered and died was for the remission ... read more

Group steps up advocacy campaigns to curb underage drinking

Group steps up advocacy campaigns to curb underage drinking    Guardian As part of efforts to curb underage and excessive drinking in the country, the Distillers and Blenders Association of Nigeria (DIBAN) under the auspices of the ... read more