Author: InvestAdvocate

Nigerian Breweries Struggles as Costs, Forex Woes Deepen Losses

…. More Headwinds Ahead, Analysts Warn February 18, 2025 By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian Breweries Plc (NB) has reported another challenging year, posting a full-year 2024 loss per share of N12.07, only a marginal improvement from the N12.80 loss per share recorded in 2023. Contrary to impressive news release issued by […]

Coronation Fixed Income and Exchange Rate Update

February 18, 2025/Coronation Research Summary Market liquidity remained tight throughout the week, closing negative for the second consecutive week at -N3.10trn (14th February ’25), from -N315.94bn in the prior week. The Open Repo Rate (OPR) and Overnight Rate (O/N) closed higher at 32.45% and 32.80% respectively, as outflows from OMO […]

CBN Expectation Survey Depicts Optimistic Business Outlook

February 18, 2025/CSL Research The Central Bank of Nigeria (CBN) has released the Business Expectation Survey (BES) for January 2025, covering three key sectors: Industry, Services, and Agriculture. The survey indicates an overall optimistic outlook for the macroeconomy, with a confidence index of 18.9 points in January 2025. Looking ahead, […]