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 […]
Updates
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. […]
The African Legal Support Facility receives 5 million euro from KfW
November 23, 2016/AfDB The African Legal Support Facility (ALSF) and the KfW Development Bank on Tuesday signed a Memorandum of Understanding (MoU), which provides modalities for cooperation between them, including a € 5-million KfW grant to support ALSF activities. The support is aimed at strengthening the institutional development of the […]
