Updates

Insurance Resourcery Completes Acquisition of 75% Equity Stake In GNI Plc

October 7, 2016/NSE On 21 September 2016, 2,870,614,035 (Two Billion, Eight Hundred and Seventy Million, Six Hundred and Fourteen Thousand and Thirty-Five) units representing 75% equity shareholding of Great Nigeria Insurance Plc were crossed through the negotiated cross deal window of the Nigerian Stock Exchange to Insurance Resourcery Consultancy Services […]

South Africa’s probe of finance minister must not scare investors: deputy president

October 7, 2016/Reuters By Marius Zaharia and Fathin Ungku An investigation into South Africa’s finance minister must take its course but needs to avoid rattling investors, Deputy President Cyril Ramaphosa said on Friday, amid speculation of a power struggle in the ruling African National Congress (ANC). An elite police unit […]

FSDH Expects September Inflation Rate to Increase further to 18.14%

Culled—-Proshare October 7, 2016/FSDH Research We expect the September 2016 inflation rate (year-on-year) to increase further to 18.14% from 17.61% recorded in the month of August 2016. Most of the divisions which contribute to the headline inflation are expected to rise as a result of the continued pressure on the […]