Shareholders of Diamond Bank Plc Tuesday voted overwhelmingly in support of the plan by the bank to raise $750 million additional capital to enhance its operations and finance its business development initiatives. The shareholders gave their support at the bank’s 22nd Annual General Meeting (AGM) held in Lagos. The National […]
Author: InvestAdvocate
Robert Shiller: Home Prices Will Remain Relatively Stagnant For Next 10 Years
More good news on the housing market. This morning, the S&P/Case-Shiller Home Price index posted its biggest annual increase since 2006â€â€Âjust before the housing market crash. Home prices in all 20 metro areas included in the index rose for the second month running. Phoenix led, with a 23% annual increase […]
Eurozone inflation falls to 3-year low in April
Falling inflation and high unemployment puts pressure on European Central Bank to cut rates Pressure is mounting on the European Central Bank to cut interest rates this week after figures Tuesday showed inflation in the euro area at a three-year low and unemployment at another record high. Expectations were already […]
