Updates

AfDB issues 1% $1 Billion Global Benchmark due 2 November 2018

24/10/2016/AfDB On Wednesday, October 19, 2016, the African Development Bank, rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new US $1-billion 2-year Global benchmark transaction due 2 November 2018. The new 2-year issue is AfDB’s fifth USD Global benchmark transaction in 2016 and is also […]

Stocks Open Week Bearish, In Spite Encouraging Q3 Report by ZENITHBANK

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday commenced the week on bearish note in spite of an encouraging third quarter (Q3) 2016 numbers released by Nigeria’s top tier lender, Zenith Bank Plc. The NSE all-share index (ASI) recorded a marginal loss of 0.08 percent to close at 27,574.95 […]

Wall St. touches two-week high on deals, strong earnings

October 24, 2016/Reuters By Tanya Agrawal U.S. stocks touched their highest levels in two weeks as a flurry of deal activity and strong quarterly earnings boosted investor confidence. AT&T (T.N) was down 1.2 percent at $37.03 after the telecommunications company said it would buy Time Warner Inc (TWX.N) for $85.4 […]