Capital Market

UBA, Zenith Stocks Get Buy Recommendation-Report

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Two (2) top tier Nigeria lenders, United Bank for Africa Plc (UBA) and Zenith Bank Plc (ZENITH) on Wednesday got a BUY recommendation, according to a latest report by Investment One Research entitled “Bearing the brunt of fiscal laxity: we are neutral-to-negative in the immediate”. […]

IOSCO publishes good practices on reducing reliance on CRAs in Asset Management

June 8, 2015/IOSCO The International Organisation of Securities Commissions (IOSCO) today published its final report on Good practices on reducing reliance on CRAs in Asset Management, which provides a set of good practices for reducing over-reliance on external credit ratings in the asset management industry.  The report stresses the importance […]

Ghana says $15 bln needed over 10 years to close infrastructure gap

Tue Jun 9, 2015/Reuters Ghana requires some $15 billion over the next decade to plug a gap in its infrastructure, Vice President Kwesi Amissah-Arthur said on Tuesday, after flooding in Accra last week exposed problems with creaking public services. “It is estimated that to address our infrastructure deficit, we require […]