Author: InvestAdvocate

Exclusive: IMF sees emerging economies vulnerable to U.S. tapering

Advanced economies led by the United States will increasingly drive global growth while emerging countries are at risk of slowing due to tighter U.S. monetary policy, the International Monetary Fund said in a note obtained by Reuters on Wednesday. In the surveillance note, prepared for the Group of 20 meeting […]

American Finance Institute to Collaborate with NAICOM

The New York, America-based, Institute of Finance has indicated its readiness to partner the Nigerian insurance regulator, National Insurance Commission (NAICOM) in the area of training and human capacity development. The institute disclosed this intention when the Managing Director, Mr. Patrick Fitzgerald, and Registrar, Mr. Currie Marcia, came on a […]

Nigeria’s UBA looking to put $2 bln into African power sector

* UBA seeks to invest $2 bln in Africa power projects * Loan book growth up 14 pct in 6 months Nigeria’s United Bank for Africa (UBA) has invested $700 million this year financing power assets in Africa’s second biggest economy and is looking to put $2 billion into power […]