United States lenders are notifying more delinquent homeowners they face foreclosure, a step toward clearing a backlog of properties and helping to accelerate a housing recovery, Bloomberg reported. Initial notices of foreclosure, the start of the process, jumped six per cent in the second quarter from a year earlier, the […]
Author: InvestAdvocate
Nigeria’s Parliament support return of Investors Confidence in Capital Market
By InvestAdvocate Lagos (INVESTADVOCATE)-Members of Nigeria’s National Assembly (NASS) has rallied support return of investors’ confidence in the Nigerian Capita market (NCM) at the Capital Market Committee (CMC) meeting held Thursday. This is contained in a Statement Thursday by Yakubu Olaleye, Head, Media of Nigeria’s Securities & Exchange Commission (SEC) […]
Nigeria interbank rates ease on higher cash flows
Nigeria’s interbank lending rates eased 100 basis points to an average of 14.33 percent this week, aided by improved liquidity. Dealers said the market opened with a cash balance of about 14.6 billion naira ($90 million) on Friday, compared with a negative balance of 12.74 billion naira last Friday. “We […]
