Updates

Marriott International Completes Acquisition of Starwood Hotels & Resorts Worldwide

September 25, 2016/Marriott International Bringing Together 30 Leading Brands Ensures Marriott Will Have the Right Brand in the Right Place to Serve Guests Wherever They Travel Beginning Today, Frequent Customers Will See Their Marriott Rewards, Ritz-Carlton Rewards & SPG Status Matched Across All Loyalty Programs Bruce Duncan, Eric Hippeau and […]

Guinness Nigeria Plc – No Sign of Respite in the Very Near Term

Culled-Proshare September 23, 2016/FBNQuest Research Downward revision to estimates; Underperform rating maintained Guinness Nigeria (GN) reported pretax and post-tax losses in Q4 2016 (end-June); the losses were significantly worse than our expectations. As such, we have cut our earnings estimates over the next two years by 88% on average. However, […]

AfDB President Akinwumi Adesina to visit Nigeria to strengthen partnership with major shareholders

23/9/2016/AfDB Akinwumi Adesina, President of the African Development Bank (AfDB), will visit Nigeria from September 26–28, 2016, on his first official visit to the country since his appointment last year. Adesina will meet policy-makers, the private sector, and development partners to discuss the challenges facing Nigeria and highlight the AfDB’s commitment […]