Updates

South African Bankers Excited with LBS Training, Hint on Partnership with Nigerian Businesses

June 25, 2017/TPT International South African Investment Bankers have lauded the Lagos Business School for hosting the International Executive Development Programme (IEDP) for the Banking Sector and Training Authority (BANKSETA), held in Lagos Nigeria. The five-day programme which started on Monday, June 19, 2017, brought together high potential leaders from […]

A bond Auction to Satisfy the DMO

Culled—Proshare June 23, 2017/FBNQuest Research The DMO may view Wednesday’s monthly auction of FGN bonds as a success. While it raised N99bn (US$320m) rather than its offer of N140bn, it was able to set marginal rates for all three bonds below the level of the previous month. It was operating […]

Saudi Succession Assists Reform, Adds Foreign Policy Risk

Culled—Proshare June 23, 2017/Fitch Ratings Saudi King Salman’s decision to name his son Mohammed bin Salman as crown prince has reduced uncertainty about the royal succession and reduces the risk of slippage in the country’s “Vision 2030” reform programme, Fitch Ratings says. However, the new crown prince has already made […]