Culled—Proshare March 9, 2017/PwC On the morning of 3 November 2016, after mounting pressures, the Central Bank of Egypt (CBE) announced in a surprise move that it had fully floated the Egyptian pound (EGP). This came after a parallel market had slowly flourished and the market differential reached close to […]
Updates
Access Bank Plc 2016 FY Conference Call & Earnings Presentation – The Key Takeaways
March 9, 2017/Proshare Markets Access Bank Plc today holds its Q4’16 Investors and Analyst Conference Call Earnings Presentation. The bank stated that due to the volatility witnessed in 2016, the bank need to strengthen its liquidity position necessitating it to raise about $300m Eurobond and a commercial paper during the […]
CBN’s New FX Policy Shows A Change Of Heart? – Feb’17 Economic Update
Culled—Proshare March 9, 2017/ARM Research Overview In this report, we discuss developments in Nigeria’s macroeconomic environment and financial market over February as well as delineate our expectations for the coming period. CBN’s new FX policy: a change of heart?: In February 2017, the CBN announced a raft of FX policy […]
