Culled—Proshare December 16, 2016/Renaissance Capital Nigeria’s strategy to get the economy out of recession is captured by the following phrase: ‘grow what we eat, and consume what we make’. With this phrase, President Muhammadu Buhari presented a FY17 budget outlining expenditure of NGN7.3trn, a 20% increase vs the FY16 projection. […]
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Top Five Gainers and Losers on NSE in 2016
Culled—Proshare December 16, 2016/Proshare Markets Market YTD Performance as at 16th December 2016 stands at -6.76% as market sentiment was in the negative territory in most trading days of the year 2016. DANGFLOUR and UCAP both top the list of top five gainers in the market with +260.18% and +112.21% […]
Fitch: US Banks 2017 Outlook Backed by Strong Capital, Liquidity
(This statement was made by Fitch Ratings Agency on November 29, 2016) Link to Fitch Ratings’ Report: 2017 Outlook: U.S. Banks Fitch Ratings-New York-29 November 2016: Rating and sector outlooks for US banks will remain stable for 2017, backed by strong capital and liquidity and solid asset quality, says Fitch […]
