By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) all-share index (ASI) Friday depreciated 1.05 percent (1.05%) to close the week at 38.898.14 basis points (BPS). Analysts at Cordros Capital Limited said a four-week winning streak on the Nigerian bourse came to a halt as a combination of factors […]
Author: InvestAdvocate
Nigerian Breweries Revenue up Moderately 6.8%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s brewing giant, Nigerian Breweries Plc Friday reported 6.8 percent (6.8%) growth in its first quarter (Q1) report for the period ended March 31, 2014. Revenue of the brewing firm grew moderately 6.8% from N64.573 billion in the Q1 of 2013 to N68.976 billion in […]
Europe Banks Face Toughest Simulated Slump in Stress Test
European Union officials are preparing to pit the bloc’s banks against the toughest simulated recession that they have ever faced in a stress test, three people briefed on the matter said. The European Banking Authority and the European Central Bank will next week unveil an adverse scenario for the stress […]
