Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis. Without comment, the court refused to consider Goldman’s appeal of a September […]
Author: InvestAdvocate
Nigeria: Inflation Rise By 9.5% in Feb’ 2013
In February 2013, the Consumer Price Index (CPI), which measures inflation, rose by 9.5 per cent year-on-year (compared to 9.0 per cent in January). Relative to January, the rise in the headline index could be attributed to increases in farm produce prices due to limited supplies as the toll of […]
Nigerian bank loans to grow 30 pct this year-S&P
* Loan growth rate to accelerate from last year’s 12 pct * ROE to rise to 18 pct in 2013, from 15 pct last year * Capital ratios expected to fall to 15 pct, from 20 pct (Adds details, background, quotes) A surge in lending is likely to boost […]
