By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Friday its seeking to buy one (1) or two (2) mid-tier banks as sharp falls in the value of the naira and increased regulatory pressure are forcing banks to recapitalise, according to Reuters quoting Abubakar Suleiman, its chief financial officer (CFO). According […]
Tag: Reuters
Asian shares slide as bank fears add to global gloom
Fri Feb 12, 2016/Reuters By Hideyuki Sano Asian shares slid on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets. The prices of yen, gold and liquid government […]
INTERVIEW-Nigeria to expand stock exchange range to lure investors
Thu Feb 11, 2016/Reuters By Chijioke Ohuocha and Ulf Laessing Nigeria’s stock exchange, Africa’s second-largest, is looking to attract investors spooked by a weak currency and oil price by offering more products ahead of a possible listing. “We would like to give exposure to asset classes that we are not […]
