Tuesday , 5 May 2026

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Nigeria top bank wants to double its clients

Bloomberg Access Bank Plc, Nigeria’s biggest lender, plans to more than double customer numbers over the next three years by expanding in the rest of Africa. The Lagos-based lender is creating a holding company structure that will enable it to diversify into other financial services separately from the banking business. Access Bank, which has plans to be present in 22 …

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Stocks rally, dollar weakens on Biden’s formal transition

Bloomberg Global stocks advanced for a second day as investors cheered the start of US President-elect Joe Biden’s formal transition. The dollar extended its decline to the lowest since 2018. Energy stocks led the Stoxx 600 Index higher, with travel companies and banks also notching gains in a broad advance. Haven assets were weaker, with gold, Treasuries and the dollar …

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Asian stocks luring biggest foreign flows since 2013

Bloomberg Foreign investors are piling money into major Asian equity markets outside of China at the fastest pace in seven years this quarter, as vaccine successes add to the global risk-on mood. Nine regional stock markets have lured a combined about $48 billion since October 1, the most since the fourth quarter of 2013, according to data compiled by Bloomberg. …

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