Updates

World stocks get twitchy before Trump-Clinton showdown

September 26, 2016/Reuters By Abhinav Ramnarayan European and Asian shares retreated on Monday with investors focused on how Donald Trump would fare in a U.S. presidential debate against Hillary Clinton, while oil prices firmed before an informal OPEC meeting. Wall Street looked set to open lower, according to index futures […]

Cement Sector Update – Forging Ahead Through Macro Headwinds

Culled—-Proshare September 26, 2016/FBNQuest Research Strong but varied unit volume growth in H1 2016 Sector-wise, unit volume growth for Nigerian cement companies in H1 2016 was stellar, at around 21% y/y. However, on a company by company basis, fortunes varied. While Dangote Cement, Nigeria’s largest cement producer, saw unit volume […]

Editorial: CBN blame-game over economic recession

September 23, 2016/huhuonline.com Emmanuel Asiwe A failure to save for the rainy day, as well as poor monetary and fiscal policies, were partly responsible for Nigeria’s current recession, according to the Central Bank of Nigeria (CBN). The apex bank governor, Godwin Emefiele at a media parley last weekend blamed external […]