Citigroup says it has agreed to pay $1.13 billion to settle claims by investors seeking that the lender buy back billions in residential mortgage-backed securities. The New York-based investment bank said Monday that the pact it reached with 18 institutional investors calls for Citigroup to make a binding offer to […]
Author: InvestAdvocate
Nigeria ranks low in social progress index
Nigeria and some countries in Africa and Asia are ranked among the worst performers in a new global index that ranks countries by social and environmental performance rather than economic output in a drive to make social progress a priority for politicians and businesses. The Social Progress Index rates 132 […]
Why foreign investors are rushing to Nigeria – Eczellon
The Chief Executive Officer, Eczellon Capital Limited, an investment bank, Mr. Diekola Onaolapo, has said foreign investors are rushing to invest in Nigeria and other emerging markets in Africa because of the high returns they offer. Contrary to the general belief that foreign investors are leaving the country, Onaolapo said […]
