Even with significant loss of supply from Nigeria and/or Venezuela, and expectations of moderate demand growth and declining U.S. shale oil production, inventories remain at extremely high levels. This should prevent a major price increase from...
Nigeria is finally going to do the painful thing everyone said it has to do.
The central bank announced on Wednesday that the naira peg will be abandoned on Monday, June 20, and the currency will be allowed to float freely.
BoFA-ML expects Airtel's India revenue market share to be largely flat for the next four years compared with an earlier declining estimate, despite the entry of Reliance Jio Infocomm, and estimated a FY16-19 EPS to growth 20% annually.
The company said on Friday, after months of talks, that it had agreed to pay a heavily reduced fine of $1.7 billion in a settlement with the Nigerian government for failing to deactivate more than 5 million unregistered SIM cards.
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