Updates

Seawater pipeline attack heralds fresh trouble in Nigeria’s Delta

Fri Mar 4, 2016/Reuters By Ulf Laessing A sophisticated attack on a sub-sea pipeline in Nigeria’s Delta might herald a return to the kind of widespread militant violence that crippled the oil industry in Africa’s top producer less than a decade ago. Attacks on oil facilities have been on the […]

Cowry Weekly Financial Markets Review & Outlook

March 4, 2016/Cowry Assets Renewed Bargain Hunting Lifts NSE ASI by 6.57% W-o-W The Nigerian Stock Exchange recorded renewed bargain hunting activities which resulted  in upswing  in  equities  prices amid decline  in investments transaction volumes and Naira votes fell by 65.66% and 25.35% to1.54 billion shares and N8.76 billion  respectively. […]

Benefits and Costs of Bank Capital-IMF

March 3, 2016/IMF Staff Discussion Note Executive Summary Few issues have elicited a more contentious debate than the appropriate level of capital requirements. Proponents of stricter regulation point to the risks associated with high bank leverage and the exorbitant costs of the global financial crisis. Opponents of higher capital requirements […]