Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter. While Microsoft Chief Executive Steve Ballmer has been under pressure for years […]
Author: InvestAdvocate
Côte d’Ivoire Economic Growth to Exceed 8.5% in 2013-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday said Côte d’Ivoire’s economic growth is expected to exceed 8.5 percent (8.5%) in 2013 and inflation remaining moderate. This is coming on the heels of discussions on the IMF’s Article IV consultation and the fourth review […]
CBN Sold $2.8bn to Stabilise Naira in Septemb
Despite the pressure faced by the naira at other segments of the forex market in September, the traditional intervention of the Central Bank of Nigeria (CBN) at its regulated Wholesale Dutch Auction System (WDAS) during the month helped to stabilise the naira. However, from today, the WDAS will no longer […]
