Capital Market

Nigeria’s central bank curbs access to foreign currency

Wed Jun 24, 2015 /Reuters * Central bank circular issued on Wednesday * Restricts FX purchases for imports of 41 items * Governor says jobs, poverty reduction the goals By Chijioke Ohuocha and Oludare Mayowa LAGOS, June 24 (Reuters) – Nigeria’s central bank has curbed access to the interbank currency […]

Stanbic IBTC Money Market Fund retains Aa(f) rating

Stanbic IBTC Money Market Fund has been assigned a fund rating Aa(f) for the fourth straight year by Nigerian credit rating agency, Agusto & Co. The fund, one of the six mutual funds managed by Stanbic IBTC Asset Management Limited, was assigned the rating in recognition of its steady performance […]

1000 Pan-African Entrepreneurs Commences $100M Tony Elumelu Entrepreneurship Programme Boot Camp

June 24, 2015 Press Release/ TEEP “We hope The Tony Elumelu Entrepreneurship Programme can catalyse and encourage other African business leaders to empower emerging entrepreneurs. If we all come together with requisite resources we can make a significant difference,” said Mr. Tony O. Elumelu at the press conference in Lagos today to announce the Tony Elumelu Entrepreneurship […]