Author: InvestAdvocate

NASD, SEC to check market infractions

NASD Plc has announced that it will partner the Securities and Exchange Commission  and other regulators to reduce market infractions. The Managing Director, NASD, Mr. Bola Ajomale, announced this at a media briefing in Lagos on Friday. He said the company had also entered into an agreement with the Central […]

Keystone Bank targets 15% loan book growth in 2013

Press Release The management of Keystone Bank Limited, at the weekend, projected a modest 15 per cent growth in loan book this financial year. The bank also intends to improve in other key financial indicators such as  profit and balance sheet. Addressing newsmen in Lagos, chief executive of the bank, […]

As Demand in the Global Economy Weakens, American Multi-Nationals to Feel the Pain

The so-called “powerhouse” of the global economy, China is witnessing an economic slowdown like never before—the repercussions of which will be felt here in North America. The HSBC Flash China Manufacturing Purchasing Managers’ Index (PMI) continued its slide in June, registering 48.3—a nine-month low—compared to 49.2 in May. (Source: Markit, […]