Thirteen investment banks, including Citigroup, Goldman Sachs and Deutsche Bank, will fight EU charges of blocking exchanges’ access to the credit derivatives market at a hearing next month, three people familiar with the matter said on Monday. The closed-door hearing comes nine months after the European Commission accused the banks […]
Author: InvestAdvocate
Access Bank Grows Deposit to N1.33 Trillion for 2013
Press Release One of Africa’s largest banking groups, Access Bank Plc, has announced its audited result for the financial year ended December, 2013. An analysis of the results released on the floor of the Nigerian Stock Exchange today validated the Bank’s capacity for sustainable growth. The results showed an increase […]
Nigeria to reweight its inflation next, after GDP shift
Nigeria plans to reweight its inflation index to 2009 by the end of the year, from 2004, to reflect the impact of non-food items on prices more accurately, the statistics bureau told Reuters on Monday. Nigeria rebased its GDP on Sunday for the first time in 24 years, valuing it […]
