The National Insurance Commission has warned insurance firms against delay in submission of their 2012 IFRS compliant audited financial statement. In a circular to the 31 underwriters listed on the Nigerian Stock Exchange, the commission observed that most of them were yet to submit their audited financial reports. It stated […]
Author: InvestAdvocate
Regional Economic Growth to ease 7.6% in 2014-Report
-As World Bank IMF Set for Spring Summit By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Monday projected a regional economic growth that will ease to 7.6 percent (7.6%) in 2014 from 7.8% in 2013 as its sets with the International Monetary Fund (IMF) for its annual spring meeting. The […]
JPMorgan hit with new investor lawsuit over “Whale” losses
A Missouri pension fund has sued JPMorgan Chase & Co (JPM.N) executives and board members over $6.2 billion in trading losses that were revealed last year, citing a recent U.S. Senate report that criticized the bank’s management for failing to catch the bad trades. The Police Retirement System of St. […]