November 2, 2016/IMF Global and Regional Challenges to Caribbean Economic Development 2016 High Level Caribbean Forum on Shifting Tides: Challenges and Opportunities Tao Zhang, IMF Deputy Managing Director November 2, 2016 Introduction Honorable Prime Ministers, Ministers, Central Bank Governors, friends and colleagues, good morning. On behalf of the International Monetary […]
Updates
Access Bank Plc – Investment Case Still Strong Despite Raised OPEX
Culled—Proshare November 2, 2016/FBNQuest Research Earnings and price target trimmed; reiterating Outperform rating Following Access Bank’s Q3 2016 results, we have cut our 2016-17E earnings estimates by an average of 8.3% and our price target by 7.2% to N9.0. These cuts largely reflect the negative surprise in operating expenses in […]
CBN’s Nigeria PMI – October 2016 Data: Slowing Decline in Business Conditions
November 2, 2016/Cordros Research Nigeria’s manufacturing and non-manufacturing activities contracted in October, but at slower pace compared to September, according to the Central Bank of Nigeria’s (CBN) survey. In the month under review, the CBN’s manufacturing and non-manufacturing Purchasing Managers’ Indices (PMIs) picked up to 44.1 and 43.4 respectively. While […]
