September 20, 2016/IMF Working Paper No. 16/191 Author/Editor: Ana Lariau; Moataz El-Said; Misa Takebe This paper estimates the exchange rate pass-through to consumer price inflation in Angola and Nigeria, with particular emphasis on the changes of the pass-through over time. Even though the two countries share smilar dependence on oil […]
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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, […]
