Author Archives: InvestAdvocate

Weeky Stock Recommendation October 23, 2017

October 23, 2017/Cordros Research CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY closed flat last week at N10.50. CADBURY trades at a significant forward PE above its… Read more »

Stocks Opens Week Negative, NSEASI Sheds 0.48% on Profit-Taking Across Sectors Save Oil & Gas

October 23, 2017/Cordros Research EQUITIES The equities market commenced on a negative note, with the ASI shedding 0.48% to 36,411.73 points, following profit taking across most sectors save for Oil… Read more »

New World Food Prize Africa Institute to produce Borlaug-Adesina Fellows

Donors grow Adesina’s fund for young African agripreneurs to US $600,000 October 23, 2017/AfDB The World Food Prize Foundation is partnering with President of the African Development Bank, Akinwumi Adesina,… Read more »

Mastercard Eyes the Future of Retail with Augmented Reality Shopping Experience

Collaboration with ODG and Qualcomm will mark the first time Masterpass is combined with iris authentication in an AR environment for simple, secure payments October 23, 2017/Mastercard astercard unveiled an… Read more »

Update: Union Bank Rights Issue closes on 30 October 2017

October 23, 2017/Cordros Research UNION BANK NIG.PLC. (UBN) Rights Issue, opened on 20 Sept, 2017, will close on Monday, 30 October 2017. Use of Proceeds: 80% of proceeds to be… Read more »

Lafarge Q3-17: A Whooping Loss After Tax

October 23, 2017/Cordros Research LAFARGE released Q3-17 result late on Friday, showing revenue growth of 28.2% y/y, and a loss after tax of N18.8 billion which almost erased the N19.73… Read more »

LBS Partners Total on Knowledge Transfer, Research

October 23, 2017/TPT International Lagos Business School (LBS) recently signed a Memorandum of Understanding (MoU)/ Educational Partnership Agreement with Total to optimally harness the knowledge transfer and sharing initiative between both organisations. … Read more »

New TV Show for Guys Excites Viewers

October 23, 2017/TPT International Guy Code, a new TV show that targets male viewers, is airing on MTV Base (DStv Channel 322). The show focuses on popularising rules that should… Read more »

Osinbajo at EITI Conference Calls for Global Action Against Corporate Secrecy, Illicit Financial Flows

*Says, “Secrecy provides convenient cover for the criminal and the corrupt…’’ October 23, 2017/Press Release “we know that anonymous companies are not always illegal or are not always designed to… Read more »

Marriott International Debuts Four Points by Sheraton in Tanzania

October 23, 2017/Marriott International, Inc.. POINT 1: Marriott International, Inc. (NASDAQ: MAR) ( today announced the opening of Four Points by Sheraton Arusha, The Arusha Hotel, marking the debut of the… Read more »