Moody’s: Oil slump hurts states and provinces from Nigeria to Russia, Mexico to Canada

Global Credit Research – 22 Mar 2016/Moody’s Investors Service The sustained fall in oil prices is hurting not only sovereign borrowers worldwide, but also state governments, says Moody’s Investors Service. However, sub-sovereign reliance on oil varies wildly among countries. In an analysis oil-dependent sub-sovereign borrowers, Moody’s looked at states and […]

CBN Raises MPR to 12%, Says Risk Tilts towards Exchange Rate

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR) to 12 percent from 11 percent saying the balance of risk is tilted towards the exchange rate. Also, the MPC narrowed the asymmetric corridor […]

Private Equity as Tool for Building the Electricity Sector of the Future

March 15, 2016/Cowry Asset The Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu, presented a paper at the 19th Annual Power and Electricity World Africa 2016, which held on March 15, 2016 at Sandton Convention Centre, Johannesburg, South Africa. Please click on the to view presentation titled: “Private Equity […]