Updates

Maryam Uwais Exits Stanbic IBTC as Independent Non-Executive Director

By InvestAdvocate Lagos (INVESTADVOCATE)-Stanbic IBTC Holdings Plc on Thursday announced the resignation of Maryam Uwais as an independent non-executive director from the board of the financial Holdco. “Her resignation is effective from February 2, 2016,” Stanbic IBTC said in an issuer’s announcement with the Nigerian Stock Exchange (NSE). According to […]

Nigeria 2016 Outlook: A Dim Reflection

February 4, 2016/Cordros Research GLOBAL The global economy is expected to grow at 3.1% in 2015 (vs. 3.4% in 2014) – according to IMF estimates – before picking up modestly to grow at 3.4% in 2016. The lower growth in 2015 was a result of patchy recovery in developed economies, […]

Asia stocks jump as dollar slide boosts oil

Thu Feb 4, 2016/Reuters Asian shares rallied on Thursday as speculation the U.S. Federal Reserve might opt to not raise interest rates at all this year hammered the dollar and sparked a huge rally in oil prices. By some measures the U.S. currency suffered its largest one-day percentage drop outside […]