OPINION/EDITORIAL

Pre-MPC Note: To Maintain Status Quo?

November 23, 2021/United Capital Research The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will conclude its final scheduled meeting for the year 2021 today (23/11/21). Since the last meeting in Sep-2021, domestic macroeconomic indices have shown considerable improvement. On a global scale, inflationary pressures have continued […]

Is AMCON Chasing its Tail?

November 23, 2021/CSL Research Recently, the Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Lawan Kuru, submitted a list of its top 1,000 obligors to the House of Representatives Committee on Banking and Currency. Speaking at the meeting, Ahmed Lawan disclosed that the progress of the debt […]

Implications of Proposed Acquisition of Honeywell Flour Mills by Flour Mills of Nigeria

November 22, 2021/Proshare  by FBNQuest Research Event: Flour Mills of Nigeria Plc (FMN) has notified the Nigerian Exchange Group (NGX) of its plan to acquire a controlling stake in Honeywell Flour Mills Plc – HFM (not covered). The company disclosed that it plans to acquire Honeywell Group’s 71.69% stake in […]