August 19, 2016/Reuters Nigeria’s naira ended 5.2 percent higher at 308 per dollar on Friday after the central bank sold dollars to support the currency, traders said. The naira, which touched an all-time low of 365.25 on Thursday, closed at 324 per dollar in the previous session. The central bank […]
Updates
Access Bank NPLs to Total Gross Loans Stand at 1.9% in H1’16 As Against 1.7% in 2015
Culled—Proshare August 19, 2016/Access Bank Plc Press Release Access Bank Plc., (Bloomberg: ACCESS NL / Thomson Reuters: ACCESS.LG) (“Access Bank” or the “Bank”), the full service commercial bank with headquarters in Nigeria and with operations across Sub-Saharan Africa, the UK, Asia and the Middle East, announces its audited results for […]
NSIA/OMIG Partnership – Implications for Investment Opportunities
Culled—-Proshare August 19, 2016/CardinalStone Research The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund recently signed a partnership agreement with South Africa’s Old Mutual Investment Group (OMIG) to establish a $700 million fund targeted at Agricultural and Real Estate investments in Nigeria. We examine the investment opportunities […]
