Culled—Proshare October 4, 2016/ARM Research Last week, Bloomberg reported that Access Bank Plc (Access) plans to tap the Eurobond market for a five-year issue to be utilized for ‘working capital and lending to investment grade borrowers’. In addition, Access filed a notice on the Irish Stock Exchange that it was […]
Updates
Nigerian Stocks Open Q4 2016 Bearish, as Investors Show Caution
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Tuesday opened the fourth quarter (Q4) of 2016 on a bearish note following a one-day public with the benchmark index falling by 0.20 percent to close at 28,277.93 points. “Today’s performance increased the Year-to-Date loss to 1.27 percent, according to Cordros daily market update. […]
Nigeria central bank prioritises price stability, luring investors for growth
3/10/2016/Reuters Nigeria’s central bank will pursue price stability as an anchor for economic growth and attract foreign investors as the country battles recession and rising inflation, its governor said in a magazine interview. In September the bank left its benchmark rate at 14 percent, resisting calls from the finance minister […]
