Culled—Proshare 30/1/2017/ARM Research Today’s portion of the cut-out from our core strategy document – the Nigeria Strategy Report—assesses movements in the equity markets over H2 2016 and posits our outlook for same over 2017. In our H2 16 Nigerian Strategy Report, we projected a reversal of the positive run across […]
Updates
Naira reverses loss after dropping to 500/dollar
Oyetunji Abioye The naira dropped against the United States dollar from 498 to 500 at the parallel market during the early trading hours on Monday, crossing the critical threshold currency analysts had predicted. Foreign exchange traders linked the development to relative scarcity of the greenback in the forex market. The […]
Nigeria asks Goldman, Stanbic to help sell debut “diaspora bond”
January 30, 2017/Reuters Nigeria has asked Goldman Sachs and the local unit of South Africa’s Standard Bank to advise it on the sale of a debut “diaspora bond” targeted at Nigerians living abroad, Stanbic IBTC Bank said on Monday. Such bonds are a form of government debt that targets members […]
