Author Archives: InvestAdvocate

Prince Khalid bin Abdul Aziz bin Ayyaf Announces Launch of the 33rd Edition of Al Janadria Festival Next Thursday

December 18, 2018/Aetoswire His Highness Prince Khalid Bin Abdul Aziz bin Ayyaf, Minister of National Guard and Chairman of the Supreme Committee of the National Festival of Heritage and Culture… Read more »

Gemalto, GlobalmatiX Go Full Speed with High Performance IoT Automotive Telematics

December 18, 2018/Aetoswire To meet growing demand for secure, high performance IoT telematics solutions, Gemalto and GlobalmatiX, a fully owned subsidiary of Softing AG, have teamed up to deliver an innovative solution… Read more »

Initial Thoughts on Potential Merger To Create Nigeria’s Largest Bank

Culled—Proshare December 18, 2018/Equities Sales Desk Access Bank Plc announced yesterday of a signed memorandum of Agreement with Diamond Bank regarding a potential merger. This is apparently on the back… Read more »

African Water Facility Raised €1.4 Billion, Funded 117 Projects in 52 African Countries

December 18, 2018/AfDB The Governing Council of the African water Facility (AWF) has commended the Facility for mobilizing over €1.4 billion for the implementation of projects. The Facility has also… Read more »

1MDB scandal: Malaysia files charges against Goldman Sachs

Charges filed against US firm as part of corruption and money-laundering inquiry 17/12/2018/The Guardian Goldman Sachs and two former bankers have been hit with criminal charges by Malaysian authorities over… Read more »

Access Bank Gains N20.25b In Market CAP Today – ACCESS Grows By 9.40% As DIAMONDBNK Gains 9.47%

Culled—Proshare 17/12/2018/Proshare Research Market sentiment towards the stocks of Access Bank and Diamond Bank Plc today was positive following the expected announcement of an ongoing merger talks between the two… Read more »

SEC Sues Orange County Investment Adviser for Defrauding Clients

December 18, 2018/US SEC The Securities and Exchange Commission has charged a Laguna Niguel, California investment adviser with misappropriating client funds and misleading his clients about how their money was… Read more »

SEC Charges Husband of Investment Banker with Insider Trading

December 18, 2018/US SEC SEC Charges Husband of Investment Banker with Insider Trading The Securities and Exchange Commission today charged a New York-based banking consultant with insider trading in advance… Read more »

Ghana’s First Lady Joins Network of African Leaders for Nutrition Champion

December 17, 2018/AfDB The African Leaders for Nutrition on Monday inaugurated Ghana’s first lady Rebecca Akufo-Addo as a Nutrition Champion, acknowledging her work and commitment to sound nutrition and the… Read more »

Diamond Bank Eurobond Rallies 800bps Following Merger Announcement

Culled—Proshare December 17, 2018/Zedcrest Capital ***CBN spends $11bn on forex this year*** KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at December 14, 2018. A c.2bps increase from 11.26% recorded… Read more »