Author: InvestAdvocate

NSE Reports 34% Reduction in Default of Quarterly Renditions by Members in 2012

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday reported a 34 percent (34%) reduction in the number of Dealing Member firms that defaulted in their submission of quarterly renditions in 2012. The report was contained in the 2012 Annual Reports & Accounts of the Nigeria’s Exchange and […]

ECB cuts interest rates, open to further action

The European Central Bank cut interest rates for the first time in 10 months on Thursday and held out the possibility of further policy action to support the recession-hit euro zone economy. Responding to a drop in euro zone inflation well below its target level and rising unemployment, the ECB […]