Capital Markets

Corporate profits growth, benign default outlook may offset higher interest rates in 2018 – Moody’s

Moody’s Capital Markets Research Inc. has predicted a climb in global interest rates in 2018 but said that interest-rate inspired…

Lafarge targets N131.65bn via rights issue of 3.1bn shares

Lafarge Africa Plc is set to raise N131.65 billion from its existing shareholders by offering a total of 3,097,653,023 new…

U.S. dollar, bond yields climb, with focus on Fed

The U.S. dollar rose from its lowest level in more than a year and U.S. Treasury yields climbed on Monday…

Week ahead-small-cap rally could shrink on earnings, tax reform hurdles

Optimism is souring around small-cap stocks for some investors, with a host of factors conspiring to up-end gains that have…

South Africa’s resources stocks weaken after release of mining charter

Shares of South Africa's resources companies weakened on Thursday after the minimum threshold for black ownership of mining companies was…

Nigeria’s bond market remains muted as CBN sells N18bn OMO bills

The Nigerian bond market remained largely muted Wednesday with modest buying interest on select maturities as against growing demand for…