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Lagarde Calls for G20 Policies to Make Growth More Resilient, More Widely Shared

  March 20, 2018/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Finance… Read more »

Promasidor Career Workshop for Secondary School Holds in Abeokuta

March 20, 2018/Promasidor Nigeria Ltd Promasidor Nigeria Limited, makers of Cowbell Milk, Loya Milk, Top Tea, Onga and other quality brands, will hold the second edition of Promasidor’s Harness Your… Read more »

Nigeria Ratings Affirmed At ”B and B”; Outlook Stable

Culled—Proshare March 20, 2018/S & P Global Ratings  Overview • Increased oil production, rising oil prices, modest improvements in exchange rate policy, and federal government external commercial borrowings helped to increase… Read more »

Seplat Petroleum Development Company Assigned ”B-” Rating; Outlook Positive

Culled—Proshare March 20, 2018/S & P Global Ratings  Seplat Petroleum Development Company PLC is an independent indigenous Nigerian oil and gas exploration and production company focused on onshore production in… Read more »

CBN Introduces Non-Oil Export Stimulation Facility to Engender Growth in Non Oil Sector

March 20, 2018/CBN The Central Bank of Nigeria (CBN) introduced the Non-Oil Export Stimulation Facility (NESF) to engender growth in the non-oil sector of the economy and foreign reserve accretion. … Read more »

Cadbury Nigeria Plc: We remain sellers even at current price

March 20, 2018/Cordros Report Update: We update on CADBURY with a TP of NGN10.96 (29% downside) and maintain SELL recommendation. Despite having a challenging 2017FY, contrary to the rest of… Read more »

Cadbury Nigeria’s Repositioning Drive Yields Positive Results

March 20, 2018/Cadbury Nigeria Plc Cadbury Nigeria Plc today announced that its current efforts aimed at repositioning the company for improved efficiency have yielded positive results. The company’s revenue increased… Read more »

Nigerian Equities Sustain Bearish Trend, Sheds -0.35% on Sell-Offs Across Sectors

March 20, 2018/InvestmentOne Research The Nigerian equities market continued its bearish trend, shedding 0.35% in today’s trading session. Market breadth index ended negative with 16 stocks gaining against 31 stocks… Read more »

Stellar Ratios for External Debt

Culled—Proshare March 20, 2018/FBNQuest Research The FGN’s external debt obligations at end-December amounted to US$18.91bn, equivalent to 5.1% of 2017 GDP. This includes the external borrowings of the state governments,… Read more »

Octopus: Heritage Bank attains ISO 27001 Information Security Management Certification

March 20, 2018/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s most innovative banking service provider, has achieved the Information Security Management Certification from International Standards Organisation (ISO). This certification also known… Read more »