Updates

UAC of Nigeria Plc – Earnings outperform, 9M’16 PAT up 23% y/y

Culled—-Proshare 1/11/2016/Vetiva Research Group 9M’16 revenue up 5% y/y Group reports 23% y/y rise in PAT Earnings beat estimates despite higher production costs Forecasts, TP revised upwards, BUY rating maintained 9M’16 revenue up 5% y/y supported by Food segment UACN recorded an impressive 18% y/y revenue growth in the third […]

Viable vehicle financing scheme critical to leapfrogging the Nigeria auto industry – pwc

Culled–Proshare November 1, 2016/PwC Though the current recession has impacted negatively on Nigeria’s automotive sector leading to a very slow growth scenario, the introduction of a viable vehicle financing scheme could instantly boost sales and ultimately local production. This is according to a new Industry brief on the sector released […]

Strengthening Canada’s Economic Toolkit: Improving the Inflation Targeting Framework

Culled—by iMFdirect By Maurice Obstfeld, Douglas Laxton, Yulia Ustyugova, and Hou Wang For the past 25 years, Canada’s monetary policy framework has been working well. Headline inflation averaged 1.9 percent, 1994–2015, and long-term inflation expectations have been very well anchored to the 2 percent target (Chart 1). The current economic […]