Culled—Proshare March 24, 2017/FBNQuest Research Event: Unilever Nigeria reports Q4 2016 results Implications: Upward adjustments to consensus estimates likely Positives: Sales, PBT and PAT up 21% y/y, 65% y/y and 43% y/y respectively Negatives: No obvious negatives This afternoon, Unilever Nigeria (Unilever) reported Q4 2016 results which showed positives on major […]
Updates
Nigeria offers 1-year treasury above inflation for second time – CBN
Culled—Proshare March 24, 2017/Reuters Reporting by Oludare Mayowa; Editing by Chijioke Ohuocha and Ed Osmond Nigeria’s central bank said on Thursday it sold one-year treasury notes at 18.69 percent, above inflation rate for the second consecutive time in a bid to maintain positive yield and attract investors. The bank said […]
Oil Prices Recover Marginally as OPEC, Non-members Meet Sunday
Culled—Proshare March 24, 2017 By Ejiofor Alike, Thisday Crude oil prices hovered above a four-month low on Thursday, recovering slightly from last Wednesday losses as increased United States inventories and rising global output dampened efforts by the Organisation of Petroleum Exporting Countries (OPEC) to curb the glut in the international […]
