Agency Reporter Wednesday, 16 Feb 2011 Access Bank plc of Nigeria and two other banks, Citi Bank of America and BICICI Bank of France have shut down their operations in Cote d’Ivoire, following prolonged political stalemate in that country. BICICI is a subsidiary of the French BNP Baribas. A statement […]

By Agency Reporter Wednesday, 16 Feb 2011 An injection of dollars into the foreign exchange market by Bank of Uganda failed to strengthen the Uganda shilling on Tuesday and a trader said its pre-election losses were likely to escalate. The market expects the local currency to weaken towards its all-time low […]

By Udeme Ekwere Wednesday, 16 Feb 2011 Regulators have been urged to make pronouncements that will ensure stability in the Nigerian capital market. According to market operators, who spoke with our correspondent in Lagos on Tuesday, activities and the tempo of the Nigerian capital market are much influenced by actions and […]