Author: InvestAdvocate

Nigeria central bank still “very independent” -new governor

* Governor says will operate without interference * Reiterates aim is to bring down interest rates * Will work to rebuild reserves – Emefiele (Recasts with comment on rates)   Nigeria’s central bank remains “very independent,” newly appointed governor Godwin Emefiele said on Wednesday, dismissing fears of government interference after […]

Emirates Telecom Raises $4.3 Billion in Bond Debut

Emirates Telecommunications Corp. (ETISALAT) is raising $4.3 billion in its first-ever bond sale as the United Arab Emirates phone company seeks funds for its acquisition of Maroc Telecom. The offering includes 1.2 billion euros ($1.62 billion) each of seven-year and 12-year securities, according to two people with knowledge of the […]

IMF Launches Global Housing Watch

Press Release/IMF, June 11, 2014 The International Monetary Fund (IMF) today launched Global Housing Watch, a webpage (www.imf.org/housing) dedicated to featuring its analysis on housing markets across the world. The page will provide a one-stop shop for the Fund’s Global House Price Index and other data on housing indicators. The […]