Culled—Proshare November 9, 2016/FBNQuest Research Modest cut to estimates; PT unchanged Unilever Nigeria’s Q3 2016 sales were stronger than we expected. However, PBT was weak and fell c.88% short of our estimate because of a negative surprise in net finance charges. As such, we have cut our earnings (pre-tax profit) […]
Updates
What a Trump victory portends for emerging markets and the local economy
Photo Credit: Global Risk Insights Culled—Proshare November 9, 2016/CardinalStone Research Following Donald Trump’s victory in the just concluded US presidential election, we highlight below our thoughts on the implications for emerging markets and specifically Nigeria. Impact on emerging markets and global economy dependent on Trump’s approach to China Trump’s landslide […]
EDC Fund Management launches Mutual Funds
November 9, 2016/EDC EDC Fund Management , the Asset Management arm of Ecobank in Nigeria has announced the launch of two mutual funds – The EDC Nigeria Money Market Fund, and the EDC Nigeria Fixed Income Fund. The mutual funds gives customers of the Corporation and other interested Nigerians the opportunity […]
