April 21, 2017/InvestmentOne Research Nigerian Breweries Plc released its Q1 2017 late yesterday. Please find key highlights below: · Revenue of N91.29bn; up +0.29% q/q; +17.71% y/y · Profit before tax of N17.44bn up +46.82% q/q; +16.20% y/y · Profit after tax of N11.45bn; up +37.85% q/q; +9.51% y/y Please […]
Updates
Nigerian finance minister says country needs to tap its non-oil revenues
20/4/2017/Reuters By Chijioke Ohuocha Nigeria plans to get out of recession by boosting government revenues and cracking down on corruption, Finance Minister Kemi Adeosun said on Thursday, and will also issue more international debt to pay for infrasturcture projects. The country is in its second year of recession, brought on […]
Naira Appreciates Further As CBN Sustains Intervention in Forex Market
Culled—Proshare Thursday, April 20, 2017 11:22 PM / CBN The Naira firmed up at the Bureau de Change (BDCs) segment on Thursday, April 20, 2017, trading at between N376 and N378 to the United States Dollar in Lagos, Abuja and Kano, following interventions by the Central Bank of Nigeria (CBN). […]
