Culled—Proshare February 16, 2017/Wema Bank Plc Fitch Ratings, a global leader in credit ratings and research has affirmed the Long-term National Rating of Wema Bank at (BBB-). This is reflective of the Bank’s stable outlook and viability, in spite of the continued headwinds facing the country. In Fitch’s opinion, the […]
Updates
Fitch: Global Home Prices to Rise in 2017, Despite Government Measures
(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 […]
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, […]
