Culled—Proshare December 8, 2016/FBNQuest Research Downgrading to Underperform In Q3 2016, Mobil Oil Nigeria (Mobil) delivered stellar y/y earnings growth. However, the q/q trend, which showed declines for key P&L line items, provides a better pointer for Q4. Q3 sales and earnings both declined by 22% q/q and 49% q/q […]
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Why Goldberg unveiled its new identity, ‘Your Excellency’ in Lagos
December 7, 2016/NB Plc The determination by Nigerian Breweries Plc to further strengthen the affinity of Goldberg Lager Beer with consumers in the South West has been identified as the basis upon which the brand’s new credential campaign was […]
Nigeria central bank to auction dollars for fuel import
5/12/2016/Reuters Nigeria’s central bank has asked banks to submit bids for a “special currency auction” targeting fuel importers to meet demand for matured letters of credit, traders said on Monday. Traders said the central bank sent a message to banks on Monday to submit backlog dollar demand from fuel importers […]

