Tuesday, October 17, 2017

CANADA STOCKS-TSX falls as oil price drops, Cenovus Energy weighs

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...

Biggest Kenyan Bank Makes Takeover Bid for State-Owned Rival

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...

Market Maintains Negative Outlook as NSEASI Dips Further by -0.28%

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...

$180bn stolen wealth: Former CBN deputy gov advocates amnesty for looters

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...

South Africa’s central bank wary of cutting rates despite recession: policymaker

JOHANNESBURG (Reuters) - Cutting interest rates is not the answer to dragging South Africa's economy out of recession because deep economic weakness and political...

Kenya central bank says lenders face new era of lower profits

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...

Nigeria’s Official PC Market Falls to Lowest Levels in Over Nine Years, Says IDC

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...

Nigeria aims to have market-determined exchange rates -official document

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,...

Canadian market down as Materials slump

Canada's main stock market in Toronto closed lower on Thursday, as a forthcoming interest rate hike in the United States saw the price of...

Nigeria naira firms above four month high on black market

The Nigerian naira gained 2.2 percent to 450 per dollar on the black market on Tuesday, a more than four-month high, a day after...

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