Nigeria is planning a one-week roadshow to Britain, Germany and the United States from June 19 with the book-runners for its $1 billion Eurobond, with a view to issuing it this year, a timetable for the trip showed on Tuesday. The timetable, forwarded to Reuters in an email by a […]
Author: InvestAdvocate
Oil prices stay steady before 2-day US Fed meeting
The price of U.S. benchmark oil rose slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting. Benchmark oil for July delivery rose 5 cents to $97.82 per barrel at midday Bangkok time in electronic trading on the New […]
IMF Advise Ghana to Increase Banks Capital Base
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday advised Ghana to increase its banks capital base to contain vulnerabilities, including the risk of nonperforming loans. This is coming on the heels of the IMF’s Executive Board recommendation on the conclusion the Article IV consultation with the […]
