By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has said in its World Economic Outlook (WEO) July, 2013 that global growth is projected to remain subdued at slightly above 3 percent (3%) in 2013, the same as in 2012. ”In sum, global growth will recover from slightly above […]
Author: InvestAdvocate
IMF Advise Euro Area to Recapitalise Weak Banks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday advised the Euro Area to recapitalise frail but viable banks as part of the area’s task to address important tail risks, stabilised financial markets and grow its economies. This is coming on the heels of the recommendations of 2013 […]
Pensioners shut Unity Bank over N4.3bn severance package
Banking activities on Monday came to a halt at Unity Bank Plc in Abuja following protests by pensioners of the defunct Bank of the North over their unpaid N4.3bn severance package. The protesters shut the gate of the bank for several hours and prevented workers and customers from gaining access […]
