Money Market

Nigeria – Banking Crisis to Be Averted As Liquidity Constraints Ease

Culled—Proshare September 4, 2017/BMI Research  BMI View: Despite concerns raised in the media that the Nigerian banking sector is looking close to a repeat of the 2009 banking crisis which saw non-performing loans top 33%, we hold a more positive view. Rising oil receipts and greater liquidity in the economy […]

Heritage Bank partners FG, LASG on Diaspora Return in Badagry

September 4, 2017/Heritage Bank Ltd Heritage Bank Plc has partnered with the Office of the Senior Special Adviser to the President on Diaspora and Foreign Affairs and the Lagos State Government (LASG) to organise the 2017 edition of Diaspora Festival Badagry with the theme Door of Return Ceremony Badagry. The […]

Kenya’s dollar bonds, shilling fall after court nullifies election

1/9/2017/Reuters Kenya’s dollar bonds fell on Friday after the country’s Supreme Court identified “irregularities” in last month’s presidential election and said the country must hold another vote within 60 days. The $2 billion sovereign bond maturing 2024 fell 1.25 cents to 103.5 cents, according to Tradeweb data, its lowest since […]