Nairametrics, Author at Nairametrics

The Central Bank has spent an estimated $1billion in the last 12 days in its bid to defend the Naira. A...

Nigerian Breweries Post Disappointing Drop in Full Year Profits (2014)

NIGERIAN BREWERIES AUDITED RESULTS FOR THE PERIOD ENDED DECEMBER 2014 Revenue (Millions) - 2014 N268,372, 2013 N268,614, %age change (-0.8%)...

A-N-N-O-N-C-E-M-E-N-T: Latest Nigerian Bond Sales Fail To Hit Target

Reuters reports Nigeria raised 76.5 billion naira ($375.2 mln) at a bond auction held on Wednesday, short of its target...

Top 5 Gainers and Losers (11/2/2015)

Nigerian stocks fell for the fifth consecutive trading day as NSEASI lost 1.39% to take year to date return -17.13%. Volume traded...

Why Nigeria’s FX Market Shut Down Today (11/2/2015)

Nigerian dealers pulled the plug on electronic trading in the naira currency on Wednesday after it slid past the key...

Does This Press Release Suggest Nigerian Breweries Result Will Be a Blast?

Heineken NV, the world’s third-largest brewer and majority shareholder in Nigeria Breweries just released its 2014 Full year results showing...

Nigeria’s Middle Eastern Competitors Just Cut Oil Prices to Asia To Lowest Level in A Decade

Iraq and Iran joined Saudi Arabia in cutting their March crude prices for Asia to the lowest level in more...

S&P Threathens To Downgrade Nigeria’s Credit Rating Over Falling oil prices, Political Unrest

Standard & Poor's Ratings Services warned Tuesday that it might downgrade Nigeria's credit rating, citing tumbling oil prices and political...

Sterling Bank Completes N19b Special Placement To Silverlake Investment