Author: InvestAdvocate

Obama to choose Yellen for top Fed job, markets relieved

U.S. President Barack Obama will nominate Fed number two Janet Yellen on Wednesday to run the world’s most influential central bank, providing some relief to markets that would expect her to tread carefully in winding down economic stimulus. The nomination will put Yellen on course to be the first woman […]

Multiverse promises dividend payment

The management of Multiverse Plc has given an assurance to its shareholders that they will be paid dividends in the coming years as investments made by the firm begin to make targeted returns. A statement on Tuesday quoted the Managing Director, Multiverse Plc, Mr. AyedunFasina, as saying this during the […]

Nissan, Stallion sign Nigeria assembly deal

The Renault-Nissan Alliance and West African conglomerate Stallion Group have signed a preliminary agreement to start vehicle assembly in Nigeria and potentially create a major Nissan manufacturing hub for Africa. The memorandum of understanding would see Stallion, which is Nissan’s exclusive distributor in the country, increase capacity at its existing […]