By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa Plc (UBA), Zenith Bank Plc and Access Bank Plc are amongst the five Nigerian banks that Exotix Limited recommends as best buy stocks because of their valuations and growth potential. According to a report from Bloomberg Monday, Kato Mukuru, Analyst at […]
Capital Market
Central Bank Targets 6% Inflation Rate
The Central Bank of Nigeria (CBN) has expressed its resolve to sustain the single-digit inflation in the country. Specifically, the central bank stated that its objective is to bring inflation down to six per cent before the end of 2015, even as it fixed an upper limit of nine per […]
Why Africa is the next frontier for fund investors
It only took a look at the financial statements of the world’s largest maker of spirits to convince Larry Seruma that Africa was the place to go. Seruma was then running a long-short hedge fund and had a position in Diageo Plc, the company behind the Johnnie Walker, Guinness and […]
