Updates

ECONOMY: Nigeria’s External Sector Set for a Boost as SPDC Lifts Force Majeure

June 30, 2017/Cowry Asset Click here to download full PDF Report Nigeria’s external sector is expected to record a boost in petro-dollar receipts on the back of anticipated increase in crude oil output in H2 2017. In the just concluded week, the Shell Petroleum Development Company (SPDC) lifted the force […]

Nigeria Stocks Close Week Positive, ASI up 3.10%

By InvestAdvocate June 30, 2017 Click here to download full PDF Report Lagos (INVESTADVOCATE)-Stoxks ON FRIDAY Closed the week on a positive note as the Nigerian Stock Exchange (NSE) all-share-index (ASI) and market capitalisation appreciated by 3.10 percent to close at 33,117.48 and N11.452 trillion respectively. “Similarly, all other Indices […]

Fitch Downgrades Nestle to ‘AA-‘; Outlook Stable

28/6/2017/Fitch Ratings Fitch Ratings has downgraded Nestle SA’s (Nestle) Long-Term Issuer Default Ratings (IDR) and senior unsecured ratings to ‘AA-‘ from ‘AA’, and affirmed the company’s Short-Term IDR at ‘F1+’. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is available at the end of […]