Culled—Proshare April 26, 2017/FBNQuest Research The IMF called for an end to multiple currency practices (MCP) in Nigeria in its recent 2017 Article IV consultation with the FGN. Now a former governor of the CBN, Charles Soludo, has made the same call in an economic debate in Lagos on Monday. […]
Updates
Cadbury Nigeria Q1 2017 Results Review – PBT and PAT Both Down by 86.2% YoY
Culled—Proshare April 25, 2017/FBNQuest Research Event: Cadbury Nigeria (Cadbury) reports Q1 2017 results Implications: Downward revision to consensus estimates likely Positives: Sales up 13.3% y/y Negatives: PBT and PAT both down -86.2% y/y Cadbury Nigeria (Cadbury) reported Q1 2017 results this afternoon showing sales growth of 13.3% y/y to N8.1bn. […]
CBN Sells $25m in New FX Window as Dealers Fail to Subscribe Fully to CBN’s $150m Offer
Culled—Proshare April 26, 2017/CBN The Central Bank of Nigeria (CBN) on Tuesday, April 25, 2017, commenced interventions in the new Investors’ & Exporters’ FX Window with the sale of $25million to customers through authorized dealers. This was disclosed by the Bank’s spokesman, Isaac Okorafor, who reiterated that the window was […]
