Nigeria’s external reserves edged higher to close at $48.174 billion on March 12, data obtained from the Central Bank of Nigeria (CBN) showed yesterday. THISDAY also learnt that at its current value, the foreign reserves derived primarily from proceeds of crude oil earnings have improved by 8.65 per cent or […]
Author: InvestAdvocate
IMF Projects Mali’s GDP Growth to 4.8% in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Wednesday projected that the real Gross Domestic Product (GDP) of Mali would hit 4.8 percent (4.8%) in year 2013 following talks with Authorities of the Country. This is coming on the heels of a French –led Military […]
JPMorgan execs, but not Dimon, to testify on ‘Whale’ trade
Current and former top executives of JPMorgan Chase & Co(JPM.N) will appear before a Senate panel on Friday to testify about the multibillion dollar “London Whale” trading loss, but Chief Executive Jamie Dimon will not be a witness. The Senate Permanent Subcommittee on Investigations released a witness list for the […]