Tag: Kenya

IMF Meets Kenya on Economic Challenges

By Peter OBIORA InvestAdvocate   Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said it will meet Kenyan authorities to explore its economic challenges by co-hosting an economic conference with its Government in Nairobi on September 17-18, 2013.   According to the Fund, the conference is to explore the policy challenges […]

GTBank Acquires 70% Stake in Offshore Bank

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (“GTBank”) Tusday announced it has acquired a 70 percent (70%) stake in Fina Bank Limited,  (“Fina Bank”) .   Fina Bank in a notice to the Nigerian Stock Exchange (NSE) said it has reached an in-principle agreement for the acquisition by […]

NSE Again Outperforms Kenya, South Africa in YTD Return

The Nigerian equities market has again outshone two of the major stock Exchanges in Africa, Kenya and South in its year-to-date (YTD) performance, having sustained its upward trajectory in the new year. The Nigerian Stock Exchange (NSE) surged by 13.4 per cent in January, and has now risen by 18.5 […]