July 22, 2016/AfDB On Tuesday, July 19, 2016, the African Development Bank (“AfDB”), rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new USD 1 billion 5-year Global benchmark transaction due 26 July 2021. The new 5-year issue is AfDB’s third USD Global benchmark this year, […]
Updates
Stocks Remain Dampened Fourth Straight Week, NSE ASI Drop 3.98% WoW
By InvestAdvocate New York (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday ended the week on a negative note as the all-share index (ASI) and market capitalisation declined 3.98 percent for the fourth consecutive week to close at 27,659.44 points and N9.500 trillion respectively. “Similarly, all other Indices finished lower during […]
Nigerian Economy to Contract by 1.8% in 2016; Nigeria’s Inflation Rise to 16.48% in June
July 22, 2016/Cowry Weekly Financial Markets Review & Outlook In the just concluded week, International Monetary Fund (IMF) published its World Economic Outlook (WEO) Update, July 2016 edition in which it lowered its global economic growth forecasts for 2016 and 2017 by 0.1ppt each to 3.1% and 3.4% respectively… Click […]
