The price of oil extended gains Tuesday after Asian stock markets trimmed losses following a big sell-off. Benchmark oil for August delivery was up 42 cents to $95.60 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract jumped $1.49 to close […]
Author: InvestAdvocate
ECONOMIST: ‘Why The Chinese Central Bank Is Doing More Harm Than Good’
Chinese interbank rates, or the rates at which banks lend to each other, have been rising since before the Dragon Boat festival earlier this month. A statement from the People’s Bank of China on Monday suggests that policymakers are serious about reform and are willing to take on short term […]
Keystone Bank Offers 15% Interest Rate on Mortgage
By InvestAdvocate Lagos (INVESTADVOCATE)-Keystone Bank Limited is offering a 15 to 18 percent (15%-18%) interest rate on mortgage. Philip Ikeazor, Managing Director/Chief Executive Officer (MD/CEO) made this disclosure at a recent media parley with business editors in LagosNigeria. According to him, the Central Bank of Nigeria (CBN) does risk based […]
