October 10, 2016/AfDB The Board of the African Development Bank (AfDB) has approved the institution’s proposal to launch an ‘Africa Investment Forum (AIF)’—a meeting place for investors interested in Africa. The AIF will showcase bankable projects, attract financing, and provide platforms for investing across multiple countries. It will also serve […]
Money Market
Naira Strengthens 470/$1 on Parallel Market
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Monday strengthened 470 to the dollar on the parallel market amid acute shortage of the greenback as the Central Bank of Nigeria (CBN) continues to strive to improve the lot of the local currency. Cordros report says the naira also strengthened by […]
Fixed Income Q4 2016 – Stumbling forward for another quarter
Culled—Proshare October 10, 2016/FBNQuest Research Limits to effective monetary policy The response of the MPC to an economy in recession and a surge in inflation has been to maintain an on-hold stance, and absolve itself of blame. The committee appears to have abandoned its use of monetary policy to attract […]
