March 6, 2018/Cordros Report February in retrospect Global equities were rattled by inflation and bond market concerns in February, with all indices that we track closing in the red. The Nigerian equities market in February recorded a loss, after an impressive start to the year. The overnight lending rate fell […]
Investors Bite
Developed SF Markets a Better Fit for Asset-Backed Sukuk-Fitch
March 6, 2018/Fitch Ratings Established structured finance (SF) markets are likely to be more supportive of the development of asset-backed sukuk than the largest Islamic finance markets, Fitch Ratings says. A key limitation on SF in major Islamic finance jurisdictions is the absence of legal certainty and precedent relating to […]
Nestle Nigeria Plc – Mixed Performance in Q4, But Outlook Still Intact
Culled—Proshare March 6, 2018/Vetiva Research Q4’17 revenue prints below estimate, down 7% q/q FY’17 top and bottom line up 34% and 326% y/y respectively Final DPS of ₦27.50 declared (Total: ₦42.50, Vetiva: ₦35.00) Fourth quarter berths with surprises…. Nestle Nigeria Plc released its FY’17 financial results showing a 34% y/y […]
