Author Archives: InvestAdvocate

United Bank for Africa Plc | First Glance: FY-17; Fair Performance

March 23, 2018/Cordros Report United Bank for Africa Plc (UBA) released its FY-2017 results, showing  growth in top and bottom line items – Gross earnings (+20.31% to NGN461.56 billion) and… Read more »

Lafarge Africa Plc – Capital Raise Mitigates FX Risk But Dilutes Valuation

Culled—Proshare March 23, 2018/Vetiva Research  Lafarge Africa announced that it has successfully concluded its ₦131.65 billion Rights Issue with a 100% subscription rate. We recall that the funds from the… Read more »

Today’s technology offers financial institutions in Africa countless opportunities to improve their business

March 23, 2018/Oradian Speakers at the International Conference on Responsible and Inclusive Finance (ICRIF) ( held in Kigali on 21 March urged Rwandan microfinance institutions (MFIs) to embrace new-age technology to… Read more »

African Guarantee Fund joins African Banker Awards as platinum sponsor

March 23, 2018/African Guarantee Fund The African Guarantee Fund (AGF) was officially launched in 2012, as an initiative of the African Development Bank alongside the governments of Spain and Denmark… Read more »

Intraday Update: NSEASI Up +0.57% on Continuous Buy Interest Across Sectors

March 23, 2018/InvestmentOne Research ASI as at 12.00pm: +0.57%. Market movers: CADBURY (+9.81%), JAPAULOIL (+9.52%), FTNCOCOA (-8.33%), FIDSON (-4.95%). Sector Performances: Banking (+2.18%), Industrial (+0.92%), Consumer Goods (+0.11%), Oil &… Read more »

Speech By Bill Gates At The National Economic Council (Special Session)

Culled—Proshare March 23, 2018/Bill Gates  Speech by Bill Gates, Co-Chair of Bill & Melinda Gates Foundation, at the National Economic Council, Aso Rock Presidential Villa, Abuja on Thursday March 22,… Read more »

Is Guyana Prepared For An Oil Boom?

Culled—-Proshare March 23, 2018/By Viktor Katona for Guyana’s story shares many similarities with the story of the ugly duckling. One of the poorest countries in South America, it has… Read more »

March 2018 FGN Bond Auction – Total Subscription Put At N142.81bn

Culled—-Proshare March 23, 2018/DMO  The Debt Management Offices wishes to inform the General Public that it has conducted the third in the series of FGN Bond Auctions for the year… Read more »