(This statement was made by Fitch Ratings on February 16, 2017) Lagos (INVESTADVOCATE)-Fitch Ratings-London/New York/Sydney-16 February 2017: Fitch Ratings says in its latest Global Housing and Mortgage report that while the rate of home price increases is likely to slow in 2017, continuing government macro-prudential efforts to dampen unsustainably rapid […]
Updates
Nigerian Breweries Plc: Softest EPS In Eight Years
Culled—Proshare February 16, 2017/ARM Research Yesterday, Heineken put out its FY 16 numbers which showed organic growth in revenue of 4.8% with proceeds per hectoliter up 2.2%. However, read-through over Africa highlights weak operating performance with specific mention of the adverse impact of naira weakness on results in Nigeria. Although, […]
FG Budget Support Facility: Accounting Firms Begin Verification Process in States
February 16, 2017/Press Release As the Federal Government continues its monthly Budget Support Facility to the States, a verification process to ensure that benefiting State governments comply with the mutually agreed Fiscal Sustainability Plan prescribed by the National Economic Council, NEC, has started. This disclosure emerged at the first NEC […]
