Meristem Securities raises price target on Forte Oil to N77.41

Meristem Securities raises price target on Forte Oil to N77.41

MERISTEM Securities Ltd has raised the price target for Forte Oil Plc to N77.41 from N64.09, implying a 68 percent increase from the last close. Forte Oil’s shares closed at N57.96 at the end of trading on Friday, July 21, 2017. The Lagos-based investment house also upgraded its recommendation on Forte Oil to ‘buy’ from ‘hold’.
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Tier 2 Banks: What prospects for investors?

Tier 2 Banks: What prospects for investors?

The signs at Wema and Unity Bank By Emeka Anaeto, Business Editor THE Nigerian stock market closed last week impressively in continuation of the long-running bullish market. But while the banking sector has been the lead driver of the market bulls it has been a mixture of steep rises for all the Tier-1 banks and […]

Musings on Matthew at 80 (2)

Musings on Matthew at 80 (2)

We should stop looking for dull or inferior quality Vice Presidents to attach to the Presidents of Nigeria. Experience has shown that Vice Presidents have a way of becoming Presidents in Nigeria. It is always good to have two for the price of one

Understanding Buratai’s tall order on Shekau

Understanding Buratai’s tall order on Shekau

Leader of the counter-insurgency war in Nigeria and Chief of Army Staff (COAS), Lt. Gen.Tukur Yusufu Buratai is a soldier rarely given to anger, but it appears the mask forces behind terrorism in Nigeria have dragged him to the cusp of anger. He resents flippancy as indecent conduct. When he voices out on any matter, he strives his best to live his words.

Buhari receives APC delegation in London

Buhari receives APC delegation in London

Buhari was completely unperturbed by the cocktail of lies. Abuja, July 23, 2017 (NAN) President Muhammadu Buhari on Sunday in London received a delegation of All Progressives Congress (APC) which comprised national leadership of the party and its governors. Mr Femi Adesina, Special Adviser to the President on Media and Publicity, confirmed this in a […]

Breaking: What Buhari told APC governors, others in London

Breaking: What Buhari told APC governors, others in London

President Muhammadu Buhari has met with some All Progressives Congress, APC, party governors and leaders at the Abuja House in London on Sunday, 23rd July, 2017. The President equally described as lies all the negative statements about him.

Delta State APC Leaders Council resolves party issues

Delta State APC Leaders Council resolves party issues

Delta State All Progressives Congress have tendered apology to the National Chairman of the party, Chief John Odigie-Oyegun, over the actions of the erstwhile Delta State APC Elders and Leaders Committee and a number of publications that cast aspersions on Oyegun and the National Vice Chairman, South South.

$43m Ikoyigate: Expect more revelations – Reps

$43m Ikoyigate: Expect more revelations – Reps

Members of the House of Representatives have vowed never to stop investigation into the recently recovered $43 million at Osborne House in Ikoyi, Lagos until the ownership of the luxury apartment and the huge cash is unraveled.

Better deal for Ogun State workers

Better deal for Ogun State workers

Another tranche of N243 billion Paris Club Refunds was recently released to states of the federation, majorly for the payment of salaries and pension.