Culled—Proshare April 6, 2017/IMF Click here to download PDF Report This chapter examines the degree to which economic fundamentals at the time of the recent oil price decline explain the intensity of its impact on the Nigerian economy. A cross-country regression finds that countries with a stronger fiscal position, higher […]
Updates
Nigeria: Economic Update March 2017
Culled—Proshare April 6, 2017/ARM Research CBN sustains aggressive dollar sales Following the raft of policy measures implemented by the apex bank in February—which shrank the parallel and interbank market spread from a high of 49% in February to 19% in March—largely reflective of over 28% NGN appreciation in the former, […]
UACN Plc FY 2016: Earnings To Shake-off Temporary Worries, BUY Recommendation
Culled—Proshare April 6, 2017/ARM Research Based on recently released FY 16 audited numbers, UAC of Nigeria Plc. (UACN) reported its first growth in operating profit in four years as the combined effect of higher prices and cost containment (OPEX and finance charges) masked sizable input cost pressures witnessed over the […]
