Lloyds Banking Group PLC has sold a 20 percent stake in wealth manager St (BSE: STCORP.BO – news) . James‘s Place for 520 million pounds gross ($775 million), in a long-flagged deal that boosts its capital reserves. The state-supported lender has sold 101.7 million shares for 510 pence per share, […]
Author: InvestAdvocate
Nigeria records 4.3% drop in external trade – NBS
The National Bureau of Statistics has said the country recorded a decline of 4.3 per cent in external trade in the 2012 fiscal period. The Bureau, in its fourth quarter 2012 trade statistics report released on Monday in Abuja, specifically said external trade dropped from N29.33tn in 2011 to N28.07tn […]
Emerging markets attract investors’ interest
Smaller emerging markets’ companies are drawing interest from investors wary of wilder frontier economies but willing to delve deeper into familiar territory in pursuit of returns. Buying shares in firms with market capitalisations of less than $3bn offers a way to tap into economies in which demand from a rising […]
