April 8, 2016/Cordros MSCI Inc. (“MSCI”), released a statement this morning, wherein it mentioned that as a result of the deterioration of foreign exchange market liquidity in Nigeria, it was closely monitoring the situation in the country with regards to market accessibility ahead of its upcoming Semi-Annual Index Review in May […]
Tag: Access Bank Plc
Access Bank Seeks Approval to Raise N100 Billion Fresh Capital
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Access Bank Plc said on Monday its seeking approval this month from shareholders of the Bank to raise up to N100 billion ($505 million) fresh capital, according to a Reuters report. The report says Access Bank may raise the fund through a public […]
Access Bank Forecast Slower Loan Growth in 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Access Bank Plc said on Tuesday it expect its loan book to increase by 10 percent this year, lower than the 25 percent growth posted last year, a Reuters report quoted the Bank. Also, Access Bank said it has projected growth of 10 […]