Author: InvestAdvocate

NSEASI Gains +2.6% Week-on-Week as Sentiments Remain Broadly Positive

Sentiments remained broadly positive in the second trading week of the year, as investors continued to cherry-pick stocks with attractive dividend yields ahead of FY 2020 dividend declarations. Interestingly, the local bourse recorded gains in all the trading sessions of the week. Accordingly, the All-Share Index rose by 2.6% w/w […]

Heirs Holdings Acquires 45% of OML 17 from Shell, Total, ENI for $1.1 billion

January 15, 2021/Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent Estimated Additional 1 billion barrels of oil equivalent of further exploration potential   T Tony […]