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Market News
Reuters: Nigeria News
ANALYSIS-Post-war Ivory Coast nurtures second "miracle"
ABIDJAN, May 20 (Reuters) - From his lagoon-side allotment in Ivory Coast's economic capital Abidjan, Moussa Yanda has a ringside seat to watch the foundations of a $290-million toll bridge slowly rise up from the shore.
WAfrica Crude-Angolan Girassol offered higher
LONDON, May 18 (Reuters) - Angolan state oil firm Sonangol started offering July cargoes on Friday, raising differentials for some grades such as Girassol significantly higher than June levels. Angolan crude export volume was set to fall in July due mainly to reduced output of Girassol during field maintenance. Nigerian deals remained thin, with about 10-15 June loading cargoes unsold and ahead of the release of official selling prices, traders said. ANGOLA * Sonangol'
UPDATE 3-Cash-strapped G8 looks to private sector in hunger fight
WASHINGTON, May 18 (Reuters) - Buffeted by the euro zone crisis and distracted by political problems at home, the leaders of the world's industrial powers turned to the private sector on Friday to help fight hunger and malnutrition for up to a billion people struggling with shortages, droughts and rising food prices.
Nigeria says oil revenue fell 13.8 pct in April
ABUJA, May 18 (Reuters) - Nigeria earned 626.18 billion naira ($3.95 billion) in oil revenues in April, down 13.8 percent from 726.77 billion naira in March due to lower production, the accountant general said on Friday.
Total plugs Nigeria gas leak, no further well needed
LAGOS, May 18 (Reuters) - French oil major Total has plugged a gas leak in southern Nigeria's Niger Delta region and no longer needs to drill an additional relief well to curb its flow, a spokesman said on Friday.
AFRICA DEBT-Kenya yields head into single digits
LONDON, May 18 (Reuters) - Kenyan Treasury bill yields are likely to fall to single digits for the first time since September at an auction next week, while healthy demand is expected at Zambia's first bond auction in two months on Thursday.
Nigerian interbank rates up as liquidity dips further
LAGOS, May 18 (Reuters) - Nigeria's interbank lending rates rose this week to an average of 14.66 percent, from 14.16 percent last week, as cash outflows to bonds and dollar purchases drained liquidity in the market further, traders said on Friday.
Cash-strapped G8 looks to private sector in hunger fight
WASHINGTON, May 18 (Reuters) - Buffeted by the euro zone crisis and distracted by political problems at home, the leaders of the world's industrial powers are turning to the private sector to help fight hunger and malnutrition for up to a billion people beset by shortages, droughts and rising food prices.
African Markets - Factors to watch on May 18
NAIROBI, May 18 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: MAURITIUS-Bank of Mauritius to offer 400 million rupees of 364-day Treasury bills at auction. GLOBAL MARKETS Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid signs of growing instability among Spanish banks and political turmoil in G
EXCLUSIVE-UPDATE 2-UN probes possible NKorea arms trade with Syria, Myanmar
* North Korea skirted ban on luxury goods, arms sales-report (Adds details on Myanmar)
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FRIDAY, 18TH MAY. 2012
Company
Close
%Gain
7UP
41.70
0.00
ACADEMY
1.90
0.00
ACCESS
6.85
1.48
AGLEVENT
1.07
-4.46
AIICO
0.50
0.00
ASHAKACEM
10.46
-4.91
AUSTINLAZ
2.00
0.00
BAGCO
2.03
1.50
BERGER
9.10
-3.70
BOCGAS
6.00
0.00
CADBURY
16.00
0.00
CAP
25.35
0.20
CCNN
5.10
0.99
CONOIL
25.46
0.00
CONTINSURE
0.73
0.00
CUSTODYINS
1.76
3.53
CUTIX
1.45
0.00
DAARCOMM
0.50
0.00
DANGCEM
112.11
0.10
DANGFLOUR
6.93
-4.94
DANGSUGAR
3.80
-2.56
DIAMONDBNK
2.75
-2.48
ETERNAOIL
3.24
4.52
ETI
11.08
-1.95
ETRANZACT
4.25
0.00
EVANSMED
0.50
0.00
FCMB
4.52
-4.84
FIDELITYBK
1.32
-4.35
FIDSON
0.85
-4.49
FIRSTBANK
10.51
-1.04
FLOURMILL
60.11
-2.05
FO
11.34
0.00
GLAXOSMITH
20.00
0.00
GOLDINSURE
0.55
3.77
GTASSURE
1.59
0.63
GUARANTY
15.90
-0.56
GUINNESS
235.00
0.00
HONYFLOUR
2.14
-4.89
IBTC
6.30
-4.40
IKEJAHOTEL
1.10
-4.35
INTBREW
5.35
0.00
JAPAULOIL
0.60
0.00
JBERGER
31.06
0.00
LASACO
0.50
0.00
LAWUNION
0.50
0.00
LIVESTOCK
1.10
4.76
MAYBAKER
1.44
2.86
MOBIL
132.90
0.00
NAHCO
5.90
-4.84
NASCON
6.30
0.00
NB
109.00
-2.68
NEIMETH
0.62
0.00
NEM
0.50
0.00
NESTLE
425.00
-1.16
NIGERINS
0.50
0.00
OANDO
16.71
-3.41
OKOMUOIL
32.49
0.00
PAINTCOM
1.15
0.00
PORTPAINT
3.25
-4.97
PRESCO
15.01
-4.94
PRESTIGE
0.50
0.00
PZ
23.00
0.00
REDSTAREX
2.83
0.35
ROYALEX
0.50
0.00
RTBRISCOE
1.36
4.62
SKYEBANK
3.20
-3.03
STERLNBANK
1.28
3.23
TOTAL
138.95
0.00
TRANSCORP
0.73
4.29
TRANSEXPR
3.28
0.00
UAC-PROP
11.50
0.00
UACN
36.00
2.92
UBA
4.00
2.30
UBN
4.09
-4.88
UNILEVER
30.51
1.70
UNITYBNK
0.54
3.85
UPL
3.75
0.00
UTC
0.50
0.00
VITAFOAM
3.30
-1.20
WAPCO
44.50
0.00
WAPIC
0.54
0.00
WEMABANK
0.50
0.00
ZENITHBANK
14.85
1.43
View Full Price List
Top 5 Losers
Company
Close
%Loss
PORTPAINT
3.25
-4.97
DANGFLOUR
6.93
-4.94
PRESCO
15.01
-4.94
ASHAKACEM
10.46
-4.91
HONYFLOUR
2.14
-4.89
Top 5 Gainers
Company
Close
%Gain
LIVESTOCK
1.10
4.76
RTBRISCOE
1.36
4.62
ETERNAOIL
3.24
4.52
TRANSCORP
0.73
4.29
UNITYBNK
0.54
3.85
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