Africa was one of only two regions in the world to experience an increase in foreign direct investment in 2012 but inflows to regional giants Nigeria and South Africa declined, a United Nations report said on Wednesday. While global FDI fell by 18 percent last year, Africa bucked the trend […]
Author: InvestAdvocate
EU Finance Chiefs Said to Reach Deal on Failing Banks
European Union finance chiefs struck an agreement on how to handle failing banks, a step they said would bolster investor confidence and help overcome the euro-area financial crisis. In seven hours of emergency negotiations in Brussels that wrapped up at about 1:30 a.m. today, ministers settled on guidelines for assigning […]
$4,095 SEC Fraud: You Have A Case To Answer, Court Tells Hembe, Azubogu
Former Chairman of the House of Representatives Committee on Capital Market, Hon. Herman Hembe and his deputy, Hon. Chris Azubogu who are being prosecuted by the Economic and Financial Crimes Commission, EFCC for a $4,095 estacode scam, have a case to answer, a statement by the EFCC said Wednesday. An […]
