Updates

80% of Mastercard U.S. Consumer Credit Cards Have Chips

August 3, 2016/MasterCard Index Helps Deploy M/Chip Fast to Speed Shoppers through Checkout Mastercard today announced that 80 percent of its U.S. consumer credit cards have chips, representing an 88 percent increase in chip card adoption since the October 1, 2015 liability shift started to bring EMV-secured payments to the […]

Nestle Nigeria Plc Q2 16 – FX Loss on Dollar Debt Swings Earnings Negative

August 3, 2016/ARM Research Nestlé Nigeria Plc (Nestlé) released unaudited results for 6 months ended 30th June 2016 wherein revenue rose 22% YoY to N80.4 billion; however PBT and PAT plunged 92% and 94% YoY to N896 million and N535 million respectively. FX losses on dollar debt underpin negative Q2 […]

Domestic and Foreign Portfolio Participation in Equity Trading – June 2016

August 3, 2016/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of June 2016. Table 1: Analysis of Transactions for the […]