Updates

Access Bank Plc: Can Lightning Strike Thrice?

Culled—Proshare March 15, 2017/ARM Research Access Bank Plc (Access) released its audited results last week wherein it reported an 8% YoY increment in post-tax profits to N71 billion. Thus, Access announced a N0.40 final dividend which brings total FY 16 pay-out to N0.65 (+8.3% YoY) and translates to dividend yield […]

Fed raises rates as job gains, firming inflation stoke confidence

March 15, 2017/Reuters By Howard Schneider and Jason Lange | WASHINGTON The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target. The decision […]