Despite the markets initial negative reaction to the news, most commentators seem to view the move by the CBN as a...
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FRONTIER MARKETS
The term frontier markets is commonly used to describe the equity markets of the smaller and less accessible, but still "investable", countries of the developing world. The frontier, or pre-emerging equity markets, are typically pursued by investors seeking high, long-run return potential as well as low correlations with other markets. The implication of a country being labeled as frontier, or pre-emerging, is that the market will begin to develop.
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Following the recent regulatory action of the Central Bank of Nigeria (CBN) on five banks, namely Afribank,...
Ghana has been a pioneer in African telecommunications. Ghana launched the first cellular mobile network in sub-Saharan...
Nigerian President Umaru Yar’Adua has nominated risk management expert Kingsley Chiedu Moghalu as the new Deputy...
Nigerian interbank lending rates crashed yesterday after the Central Bank of Nigeria (CBN) injected liquidity through...
Intercontinental Bank Plc, Oceanic Bank Plc, and Union Bank of Nigeria Plc had their ratings suspended at Renaissance...
Nigerian Stock Exchange (NSE) Suspends the Trading of Shares of 5 Banks The Nigerian Stock Exchange (NSE) has hereby...
Mobile banking service provider Monitise says that it is extending its business further into Africa and the Middle East...
Ernest Ndukwe, telecommunications engineer and current Chief Executive Officer of the Nigerian Communications...
Nigeria’s Access Bank plans to raise fresh debt once its current N13.5 billion ($90 million) 3-year bond expires at the...
Nigerian banks’ moves to raise additional funds through bonds for funding infrastructure in collaboration with the...
The Central Bank of Nigeria (CBN) said on Friday it was injecting N400 billion ($2.6 billion) into five banks and...
As we are aware, the world economy has been hit by recession following the financial meltdown that started with the...
The CBN has appointed acting CEOs for the five banks whose CEOs were sacked yesterday. The acting CEOs are: • Susan...
South Africa’s No. 4 bank Nedbank has agreed to buy Imperial Holdings’ 49.9% stake in their joint-owned asset financier...
Nigeria’s telecommunications regulator, the Nigerian Communications Commission (NCC), has been ordered to cancel the...
The Central Bank of Nigeria (CBN) has moved to inject N400 billion into five banks in the country following the...
Africa is weathering the current global economic crisis much better than previous downturns, according to a new report...
Nigerian newspaper Business Day reports that two CDMA operators, namely Intercellular under the ‘Expresso’ banner and O...
The opening of a fiber optic cable providing broadband Internet service to millions of people in Southern and Eastern...
Seacom, the $600 million underwater fibre-optic cable, has opened the prospect of much greater competition in one of...
The rising cost of living and waning confidence of local investors in the Kenyan stock market have triggered major...
Rwanda’s government plans to sell its stakes in the country’s three largest companies. Rwanda hopes to offload 10% of...
“We keep telling people that Liberia is open for business, but not business as usual” – Ellen Johnson Sirleaf,...
According to the United Nations, Nollywood, Nigeria’s Hollywood, is now the world’s second largest movie producer,...
Top Sources: Frontier Markets
- chairmanking.com
- Reuters
- hedgetracker.com
- PR-inside.com News
- MarketWatch
- Opalesque - Premium Hedge Fund News,The Choice of the Industry Leaders
- africabusinessreview.net
- gccstocks.blogspot.com
- CNBC
- Financial Times
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