Investors Bite

Nigerian Equities Market: Benchmark Index Closes Marginally Up +0.03%

September 29, 2017/InvestmentOne Research The equities market inched up just +0.03% today, however the market is down -0.14% WTD. Market breadth index ended neutral as 18 stocks gained and 18 stocks declined. CILEASING (+7.24%) was the best performer compared with AGLEVENT (-4.84%) the worst performer. UBA (+2.13%) was the most […]

AfDB sells Industrialize Africa theme bond for AUD 50 million

28/9/2017/AfDB The African Development Bank (AfDB) has sold its first “Industrialize Africa” theme Bond to Fukoku Mutual Life Insurance Company, the sole investor in the transaction, for AUD 50 million. Africa is at the bottom of the global value chain because African economies rely on raw commodities. Its share of […]

Central Banking and Fintech—A Brave New World?

By Christine Lagarde, IMF Managing Director Bank of England conference, London September 29, 2017/IMF Governor, Distinguished Guests, Ladies and Gentlemen—Good morning! Thank you, Mark [Carney], for that kind introduction, and thank you to the Bank of England for inviting me to this wonderful event. This is a moment to celebrate […]