19/10/2016/AfDB Africa’s youth are the future. We must invest in them for the good of society and for the benefit of the continent. These were among the messages delivered Tuesday, during a high-level conference on Youth Employment in Africa, organized by the African Development Bank at its headquarters in Abidjan. […]
Updates
GUARANTY Shares Rated Neutral; Reports Significant Increase in Loan Loss Provisions in Q3’16 Results
Culled—Proshare October 19, 2016/FBNQuest Research Event: GT Bank reports Q3 2016 results Implications: Positive reaction by the market likely Positives: Strong non-interest income of N46.3bn, up +184% y/y Negatives: A significant increase (+662% y/y) in loan loss provisions GT Bank’s Q3 2016 results which were published today showed a very […]
Nigeria needs more time to negotiate rail project with GE
October 19, 2016/Reuters Nigeria needs more time to negotiate a railway concession project with U.S. company General Electric, the country’s transport minister said on Wednesday. Both sides have confirmed talks on GE being granted a railway concession in Nigeria worth around $2 billion but no details have emerged yet. “GE […]
