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Consolidated Breweries turnover rises by 14%

Consolidated Breweries Plc has recorded a 14 per cent rise in its turnover for the year ended December 31, 2011. The company’s turnover, which stood at N24.5bn the preceding year, rose by N3.4bn or 14 per cent to N27.9bn in the year under consideration. A statement by the company on […]

NSE woos SMEs with listing benefits

The Nigeria Stock Exchange has said that Small and Medium-Scale Enterprises could avoid the difficulty in accessing low-cost and long-term capital as well as reduce perceived high risks and interest rates if they take advantage of the opportunities of listing equities in the capital market. Speaking at a workshop organised […]

MPC meeting: Analysts differ on lending rate

Financial analysts have expressed divergent positions on the expected benchmark lending rate, ahead of the 83rd Monetary Policy Committee meeting on Monday and Tuesday. While some analysts said the MPC could not afford to increase the Monetary Policy Rate further, others said the committee would increase the rate slightly because […]