Wednesday 28 June, 2017
Edition: Nigeria
The Lens
mtn-and-fidelity-bank-728x90
Category Archives: Companies & Markets

LAGOS, June 22 (Reuters) – Nigerian shares extended falls for the second day as sentiment started to weaken amid the possibility that index provider MSCI will downgrade Nigeria later in the year. The main index shed 2.05 percent...

June 21,2017 A GROUP of Chinese investors have entered into discussion with Governor Henry Seriake Dickson to invest massively in key sectors of the state. Their discussion centred on multiple job creation and supporting the government...

Lensng- TORONTO, June 20 Canada’s main stock index fell on Tuesday as energy shares dived with oil prices, while Cenovus Energy Inc tumbled after the company announced plans to replace its chief executive. Cenovus said it will replace...

June 13,2017 Lensng Kenya’s biggest bank by assets offered to buy a state-owned lender as the industry struggles to cope with interest-rate caps that have cut profits and curbed lending. KCB Group Ltd. provided an expression of interest...

uesday, June 13, 2017 3:55 PM / TheAnalyst Equities market closed today on a negative note, as NSE ASI depreciated by -0.28% to close at 33,141.85 basis points, as against -0.12% depreciation recorded previously. Its Year-to-Date...

12th June 2017 An estimated $180 billion of Nigeria’s stolen wealth currently belated to have been stashed away in foreign banks around the world, with stakeholders call for state of emergency in power sector. Speaking at the Policy...

JOHANNESBURG (Reuters) – Cutting interest rates is not the answer to dragging South Africa’s economy out of recession because deep economic weakness and political turmoil need to be addressed first, a member of the central...

June 2,2017- 4:06 PM Kenyan lenders must adjust their business models to adapt to a new era of lower profits as interest-rate caps curb investor returns, Central Bank of Kenya Governor Patrick Njoroge said. Return on equity in the Kenyan...

April 3, 2017 Lagos – Official PC shipments to Nigeria fell 57.1% year on year in 2016 to total 156,511 units, according to the latest figures compiled by International Data Corporation (IDC). This means the market has now fallen to...

LAGOS, March  7 – Nigeria’s central bank aims to achieve a market-determined exchange rate regime, according to an official economic plan released on Tuesday, as pressure mounts to let the naira float freely. The government...