23/11/2016/AfDB The Board of Directors of Africa50, the infrastructure fund for Africa, has approved the appointment of four internationally renowned investment and infrastructure experts as Senior Advisors and members of its Investment Committee. The four Senior Advisers, hailing from the U.S., France, Cameroon and Nigeria, will assist Africa50 in making […]
Updates
NSE Halts 8-Day Losing Streak, Rebounds 0.22%
November 23, 2016/Cowry Asset Research The overall equities market performance measures, NSE ASI and market capitalization, both rebounded by 21.9 bps. Elsewhere, NIBOR moved in mixed directions across the tenor buckets. NITTY increased across most of the tenor buckets amid sell pressure Click here for details
Nigeria’s Skye Bank may sell subsidiaries to boost capital
22/11/2016/Reuters By Chijioke Ohuocha | LAGOS Nigeria’s Skye Bank may sell some or all of its local and foreign subsidiaries as part of a review aimed at streamlining operations and boosting its capital adequacy, its chief financial officer said. The Nigerian central bank shored up Skye Bank in July with […]
