Culled—-Proshare 3/11/2016/FBNQuest Research The FGN is looking to borrow US$30bn externally over the 2016-18 period. This has brought some criticism on the grounds that Nigeria could fall into a second debt trap. We note that the external debt stock/GDP ratio for Ghana is now worse than before the application of […]
Updates
Recovery Fades, Strong Regulator versus Efficient Markets
Culled—Proshare November 4, 2016/FDC The unanimous rejection of Buhari’s borrowing plan by the Senate is evidence of a misalignment of goals at the highest level of government. Whilst their request for additional information is justifiable, the nuance points towards a senate that is eager for the fray (spoiling for a […]
LafargeHolcim Reports Sustained earnings growth in third quarter
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – World’s building materials and cement producers, LafargeHolcim said on Friday it sustained its earnings growth in the third quarter (Q3) 2016 which was driven by pricing strategy, synergies and disciplined cost management. The financial highlights made available by the company shows that its […]
