By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Board of Directors Access Bank Plc Thursday announced it has divested from its Cote d ’Ivoire subsidiary, Access Bank Cote d’Ivoire. According to the bank, the divestment was concluded via a direct sale of the Bank’s entire equity holding in the subsidiary […]
Capital Market
Wall Street falls on first trading day of 2014; techs weigh
U.S. stocks fell on their first day of trading in 2014 as investors booked profits in the wake of the S&P 500’s best yearly advance since 1997. Shares of Apple Inc (AAPL.O) fell 1.3 percent to $555.59, leading a decline in technology stocks, after Wells Fargo cut its rating on […]
Ekiti raises additional N5bn under bond issuance scheme
The Ekiti State Government says it has raised N5bn from the capital market, completing a N25bn bond issuance programme it started in 2011. A statement, which was made available to our correspondent on Wednesday, indicated the state government had raised N20bn in the first tranche of the programme in 2011. […]
