NB Plc: Dividend Aristocrat’s Revenue Miss Estimates Despite Price Raise. Nigerian Breweries Plc, a leading brewer with significant market share, raised it beers prices, but earnings still underperformed consensus analysts’ estimates for the financial year 2019.

CBN’s waiver on milk imports to ease pressure on food inflation. Tellimer’s equity research analyst, Nkemdilim Nwadialor, has said that the Central Bank of Nigeria’s waiver on milk imports would ease pressure on food inflation.

Coronation’s experts say Naira to escape devaluation in 2020. Experts at Coronation Merchant Bank (CMB) have formed no devaluation consensus on Nigeria’s local currency, naira, for year 2020.

Nigeria loses $750 million to oil theft in 2019 – NNPC. The Nigerian National Petroleum Corporation (NNPC) says the nation lost about 750 million dollars to oil theft in 2019.

Stock market cap drops ₦12.2 billion due to sell-offs. The Nigerian Stock Exchange equities market capitalisation dropped by N12.2 billion on Tuesday to close at N14.3 trillion.

Headline inflation hits 12.13% as Rivers, Kogi witness decrease in price level. The nation’s headline inflation rate jerked up 15 basis points to 12.13 per cent according to data released by the statistics office today.

Honeywell share fails to budge as finance costs depress earnings. Honeywell Flour Mills Plc share price failed to budge as 9-month results underperformed analysts’ consensus estimates.

Dangote Group Joins PMI’s Global Executive Council. The Dangote Group, a pan-African conglomerate, has been inducted into the influential Global Executive Council (GEC) of the Project Management Institute (PMI), making it the very first African business organisation to become a member in history.

FX: CBN sells $10bn to defend Naira in fourth quarter of 2019. The apex bank in the country has said it sold the total sum of US$9.98 billion to authorised currencies dealers in the fourth quarter of 2019.

Slack revenues: FG records N1.14 trillion deficits in Q4 2019. On the back of dwindling revenues, the Central Bank of Nigeria has revealed in its economic report that Federal Government’s total expenditure was more than total receipts by about N1.4 trillion in the fourth quarter (Q4) of 2019.