Updates

Wall St. lower as earnings from some big names disappoint

October 25, 2016/Reuters By Tanya Agrawal Disappointing corporate results from several heavyweights dragged down Wall Street as investors looked for clues regarding the timing of the next interest rate hike ahead of a Fed meeting next week. 3M (MMM.N) fell 3 percent to $165.03 after the maker of Scotch tape […]

Nigeria’s Buhari asks parliament to approve $30 bln of borrowing

October 25, 2016/Reuters By Camillus Eboh Nigerian President Muhammadu Buhari has asked parliament to approve plans to borrow $30 billion abroad to fund infrastructure plans until 2018, according to a letter read out on Tuesday in the assembly. Nigeria, an OPEC member, slipped into recession for the first time in […]

FirstBank wins Global Finance Digital Bank of Distinction award

October 25, 2016/First Bank of Nigeria Ltd Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has won the Global Finance Digital Bank of Distinction award, 2016.  This new award recognizes outstanding accomplishments in digital banking made by middle-market and local banks. It honours banks that may be outspent […]