Local Bourse Extends Bullish Run as NGX ASI Gained 0.48% WoW.
Local Bourse extended its bullish run last week, as the NGX ASI gained 0.48% WoW, closing positive in three of the five trading sessions. Buy-interest in large-cap stocks such as DANGCEM (+3.60%), and MTNN (+1.40%) drove the local bourse northwards.... Read More →
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Q1 2020 Earnings Update- NB
Q1 2020 Earnings Update- NB Growth in Input Cost without Growth in Profit Nigerian Breweries Plc (NB) Q1’20 Results- NB recorded a Profit After TAX (PAT) of N5.51 billion, representing significant decline of 31.38% when compared with N8.03 billion recorded in... Read More →
Is Another Adjustment to the Naira on the Way?
Is Another Adjustment to the Naira on the Way? Recall our 10th March, 2020 report on “Crude Oil and the Naira” where we explained the economic realities of present and how it is related to the situation in 2016. About... Read More →