March 20, 2017/Reuters Egypt’s largest listed bank CIB said on Monday it had finalised the sale of a near 75 percent stake in its investment banking arm to a consortium of local and foreign investors in a deal worth 710.2 million Egyptian pounds ($39.5 million). Commercial International Bank (CIB) signed […]
Money Market
Nigeria’s Cenbank to sell $100 mln forward at auction
March 20, 2017/Reuters Nigeria’s central bank plans to offer $100 million in currency forwards on Monday to be delivered within the next 60 days, traders say. The bank has consistently been selling foreign exchange to importers since February in a move to increase dollar supply in the market and narrow […]
NSE Partners Access Bank to Celebrate Global Money Week across Nigeria
March 20, 2017/NSE Consistent with its commitment to promote financial literacy and inclusion in Nigeria, The Nigerian Stock Exchange (NSE or Exchange) in collaboration with Access Bank Plc will commemorate the 2017 Global Money Week themed: ‘Learn. Save. Earn’ with a series of educational programs to raise awareness and improve […]
