Updates

Nigeria Retains Rate at 14% amid Weakened Macroeconomic Landscape

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained its Monetary Policy Rate (MPR) at 14 percent. This is coming at the end of the 253rd meeting as the country is still faced with the challenges of a severely […]

MPC Preview: Committee to Maintain Status Quo Today

November 22, 2016/Cordros Research The Monetary Policy Committee (MPC) meets this week, and — except for emergency call for Extraordinary Meeting — for the last time this year. Compared to the last meeting in September, it would appear that the forthcoming meeting is not widely anticipated — especially among local […]

Asia stocks at one-week highs on U.S. cues; oil jumps

November 22, 2016/Reuters By Saikat Chatterjee | HONG KONG Asian stocks rose to one-week highs, helped by solid overnight gains on Wall Street, though investors were wary of chasing prices higher until President-elect Donald Trump picks his economic team. Oil extended gains. Crude oil climbed in Asian trading with U.S. […]