Banks did the heavy lifting this week. Oke-Ero Bank's third quarter numbers showed small business loans growing faster than the rest of the book, and the shares closed the week up 4 percent. Gaa-Akanbi Microfinance followed it higher on hopes of a similar story in microloans.
Industrials were mixed. Asa Cement Works held its gains after strong volumes, but Offa Steel slipped as scrap prices rose and margins narrowed. Ganmo Power fell on a four day gas interruption, which management says is resolved.
A good week is a reason to check your plan, not to change it.
Next week brings results from Grainfield Foods and Sango Paints, and the close of the Tanke Logistics offer. We will publish short notes on each the morning after.
As always, these are example comments about invented companies on a demo site, not advice. Prices can fall as well as rise.
