By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Leading oil marketing firm, Forte Oil Plc has emerged the Nigerian stock exchange’s (NSE’s) first ever listed company to declare its full year audited financial reports within 31 days of the end of its fiscal year. The NSE said apart from this act, Forte Oil […]
Author: InvestAdvocate
Cross-Border Securities Holding Increased to $40.2 Trillion in June 2013-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The International Monetary Fund (IMF) has said cross-border securities holding has increased to $40.2 trillion a 0.5 percent (0.5%) growth compared to $40.0 trillion reported at the end of December 2012, according to released results from its first end-June coordinated portfolio investment survey (CPIS). […]
Citigroup Fails Fed’s Stress Test as BofA Gets Dividend Boost
Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Bank of America Corp. won approval for its first dividend increase since the financial crisis. Lenders announced more than $60 billion of dividends and stock buybacks after the Fed approved capital plans for 25 of the […]
