By InvestAdvocate Lagos (INVESTADVOCATE)-Unrelenting bears on Monday pulled down the Nigerian Stock Exchange (NSE) as all-share index (ASI) dipped 2.86 percent to close at 24,649.39 basis points, while market capitalisation sank by N233.45 billion to N8.48 trillion. “Today’s poor performance reflects market reaction to the potential exclusion of Nigerian equities […]
Tag: InvestAdvocate
The Broader View: The Positive Effects of Negative Nominal Interest Rates
Posted on April 10, 2016 by iMFdirect By Jose Viñals, Simon Gray, and Kelly Eckhold We support the introduction of negative policy rates by some central banks given the significant risks we see to the outlook for growth and inflation. Such bold policy action is unprecedented, and its effects over time will […]
UBA Shareholders Applaud Performance, Approve 40 Kobo per Share Final Dividend
April 10, 2016/UBA Shareholders of Africa’s global lender, the United Bank for Africa Plc (UBA) on April 8, 2016 applauded the Bank for its strong financial performance in 2015 despite the difficult operating environment globally. They also approved the board’s recommendation to pay a final dividend of 40 kobo per […]
