Updates

Nigerian Brewers Sector Update – Value Brands Now in the Front Line

Culled—Proshare October 6, 2016/FBNQuest Research Macro headwinds impeding growth Nigerian brewers have had a challenging H1 2016 (end-June). Although we estimate that the sector’s unit volume grew by mid-single digits y/y over this period, most of the growth was driven by the value segment. For the mainstream category, beer consumption […]

CBN Publishes H1 2016 Financial Stability Report

Culled—Proshare Executive Summary Global output growth in the first half of 2016 was sluggish and uneven, mainly because of the slow recovery of commodity prices and the impact of the British vote to exit the European Union. In many of the advanced economies, growth has remained depressed, but was divergent […]

CBN Approves Guidelines for Granting Liquid Asset Status to Sukuk Instruments Issued by State Governments

October 6, 2016/CBN In view of the need to foster financial system and economic growth and development, as well as complement the efforts of government at various levels, the Central Bank of Nigeria (CBN) has approved “Guidelines for Granting Liquid Asset Status to Sukuk Instruments Issued by State Governments”, to […]