Updates

Afreximbank, Ecobank Sign MoU on African Trade, Investment Promotion Including $500 Million Programme

February 14, 2017/NSE The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint corporate objectives through the financing of private sector projects and trade finance transactions, focusing particularly on transactions involving trade and investment […]

Nestle Nigeria Plc: Short On Foreign Love

Culled—Proshare February 14, 2017/ARM Research In keeping with the theme of Valentine’s Day, we beam our strategy searchlight on one name struggling to find love. In recent weeks, Nestle Nigeria Plc has shed 23% YTD to near five-year lows underperforming the broader NSEASI. Naira weakness exposes earnings Achilles heel  Over […]

Corruption Is Not “Fighting Back”…. ..It Never Went Away!

Culled—Proshare February 14, 2017/ Opinion by @OlufemiAWOYEMI There is nothing new to say again on the subject of corruption, whistleblowing and institutional failures. Well, maybe there is after the drama and collective pause by citizens last week over the disclosure of an obscene amout of $dollars in a non-descript building […]