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Financial Conduct Authority Outlines Lessons Learned In Year One Of Its Regulatory Sandbox

Culled—Proshare October 20, 2017/News The Financial Conduct Authority (FCA) has today published a report outlining how the regulatory sandbox (sandbox) has met its objectives over the first year of operation.  The sandbox was established to support the FCA’s… Read more »

A Woeful Performance from the Refineries

Culled–Proshare October 17, 2017/FBNQuest Research In July the NNPC’s operating deficit doubled from N5.2bn the previous month to N11.9bn (US$39m). A profit before central costs and ventures from production (N15.4bn)… Read more »

Gold holds above $1,300 but firm dollar weighs

16/10/2017/Reuters Apeksha Nair Gold steadied above a key psychological level of $1,300 on Monday, buoyed by worries over Iran, while a firmer dollar weighed on sentiment. Spot gold was unchanged… Read more »

Fifth Third to Advance B2B Accounts Payable for Commercial Clients

October 16, 2017/Mastercard Fifth Third Bancorp (NASDAQ: FITB) today announced a strategic relationship with Mastercard and AvidXchange™ to bring a best-in-class automated accounts payable solution to Fifth Third Bank’s clients…. Read more »

AfDB Group approves second monitoring report on updated Management Action Plan for the Medupi Power Project in South Africa

October 16, 2017/AfDB The Boards of Directors of the African Development Bank Group approved on September 6, 2017 the recommendations of the Second Monitoring Report of the Independent Review Mechanism… Read more »

NSR Q4 2017 (7) – Inflation: Still an Eye into CBN’s Monetary Policy Mind

Culled—Proshare October 12, 2017/ARM Research Inflation has, without doubt, overwhelmingly influenced monetary policy discuss in the last few months with the CBN holding the reality of negative real return on… Read more »

Port Harcourt hosts Energy and New Green Technology Conference

October 12, 2107/ The Garden City of Port Harcourt is set to host The Energy and New Green Technology Conference with the theme: ‘The Future of Hydrocarbon  Industry in the… Read more »

Nigerian Equities Market Closes in Red Second Consecutive Session

October 11, 2017/InvestmentOne Research Nigerian equities market ended in the red for the second consecutive trading session, down -0.34%.  This said, market breadth index closed neutral as 19 stocks gained… Read more »

Headline Inflation to Taper Off At 15.99% in September

Culled—Proshare October 11, 2017/FDC  Headline inflation is expected to decline to 15.99% from 16.01% in August, making it the eight consecutive monthly decline in 2017. We noticed a widespread ease… Read more »

Aliko Dangote shares secret of backward integration with investors: “Produce the entire value chain”

October 9, 2017/APO At the Financial Times’ 4th annual Africa Summit ( at Claridges in London, editor in chief Lionel Barber conducted an extraordinarily candid public conversation with Nigerian Aliko… Read more »