Updates

2017 Budget – Too little or too large?

Culled—Proshare December 23, 2016/Vetiva Research The 2017 draft budget submitted to the Joint Assembly falls in line with the countercyclical fiscal policy stance of the present administration. Proposed increase in expenditure (20%) and revenue (28%) reflect a renewed desire to reflate the economy in light of a more positive fiscal […]

NSE Commends Nigerian Breweries on Corporate Governance

23/12/2016/NB Plc The Chief Executive Officer of The Nigerian Stock Exchange, NSE, Mr. Oscar Onyema has commended Nigerian Breweries Plc for her commitment to corporate governance standards. The NSE CEO made this commendation when the management of Nigerian Breweries Plc visited the Exchange for the closing gong ceremony on Wednesday […]

Stocks End Week Negative First Time in Four Weeks

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) closed negative for the first time in the last four weeks. The all-share index (ASI) declined by 0.91 percent to close at 26,486.02 points. In what was a majorly bearish week, equities started poorly; shedding 0.45 percent in Monday’s session. Similarly, all […]