By Adam Hamilton March 9, 2014 Stock-market capital finally started flowing back into the flagship GLD gold ETF for the first time in 14 months in February. Though this buying was small, this is truly a momentous event. Extreme gold-ETF outflows were the dominant culprit behind last year’s epic gold […]
Author: InvestAdvocate
Financial Reporting Council Queries Bank Of Industry Over Missing Assets
Worried by the misleading financial statement prepared by the Bank of Industry and the unsatisfactory responses from its management, the Financial Reporting Council FRC has queried the bank, noting that its reports are capable of misleading the public. It therefore requested that all documents relating to all its transactions and […]
Sanusi: Analysts predict low subscription to FG bonds
The uncertainty that have trailed the economy following the suspension of the Central Bank of Nigeria Governor, Mr. Lamido Sanusi, and combined effect of political tension in the country and the recent commencement of quantitative easing by the United States may lead to low subscription of Federal Government bonds in […]
