Updates

Air turbulence due to macro challenges

Culled—Proshare February 20, 2017/FBNQuest Research Nigeria’s aviation sector has suffered from the general slowdown in the economy. Based on data from the Nigerian Civil Aviation Authority, last year passenger traffic declined by -0.5% y/y on domestic flights. Furthermore, the recent national accounts released by the National Bureau of Statistics show […]

PZ Cussons Nigeria Plc: Less Optimistic Outlook Unchanged

February 20, 2017/Cordros Research Click here for full report Following the loss after tax suffered at the beginning of the current financial year, PZ’s earnings got a reprieve in the second quarter (September-November 2016) after forex losses associated with COGS reduced significantly (-95% q/q). Besides, upward price adjustments positively impacted […]

Africa market to immensely benefit from ‘DEAL 2017’ in Dubai: IEC

February 20, 2017/IEC The region will witness the largest show in the amusement industry – DEAL 2017 (www.DEALMiddleEastShow.com), to provide an effective platform for the stakeholders within the African entertainment and amusement sector, as per International Expo Consults (www.IECDubai.com), the organisers of the show. In the wake of growing developments […]