Author: InvestAdvocate

Shareholders urge ETI to comply with SEC directives

Shareholders have urged Ecobank Transnational Incorporated to comply fully with the directives that the Securities and Exchange Commission gave it after the commission carried out a corporate governance audit of the group. They also commended the commission for carrying out the audit. This, according to them, is because it is […]

Turkey: How to Boost Growth Without Increasing Imbalances

Turkey has received well-deserved praise for its growth performance over the last decade. Yet along with this success story has come a steady widening of the current account deficit, projected to come out at 7.4 percent of GDP in 2013. The counterpart of this deficit is a reliance on external […]

Dwindling external reserves putting pressure on naira – Report

The dwindling external reserves, which is currently at $43.2bn, has been putting speculative pressure on the naira, latest economic bulletin from the Lagos-based research and financial advisory firm, Financial Derivatives Company Limited, has shown. The development, according to the firm, may make the Central Bank of Nigeria’s Monetary Policy Committee […]