Photo Credit: BitCoin News November 23, 2016/Reuters By Yashaswini Swamynathan Wall Street was poised for a quiet open on Wednesday, a day after the post-election rally powered major indexes to record highs as investors bet that the next U.S. government’s policies would be more market friendly. However, healthcare stocks, which […]
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Nigeria Union Bank to seek approval for 50 bln naira share sale
November 22, 2016/Reuters Nigeria’s Union Bank plans to seek shareholder approval next month to raise 50 billion naira ($158.7 million) through a share sale to existing investors, the bank said on Tuesday. In a notice to shareholders, the lender also said it will seek approval to increase its authorised share […]
Assessing the Macroeconomic Direction for 2017
Culled–Proshare November 23, 2016/CardinalStone Research On September 30, President Buhari submitted the 2017-2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly for consideration and approval. The MTEF comprises baseline assumptions/projections for the 2017 budget as well as a budget peformance report for H1 2016. […]
