Author: InvestAdvocate

Apple investors brace for more turbulence

Apple Inc’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street that the stock’s gravity-defying rally may be losing steam. Five straight days of stock losses for the world’s most valuable company sparked fears it had ventured into dreaded bubble […]

IMF chief says has around $316 billion in funding pledges

The head of the International Monetary Fund said on Wednesday member countries had committed $316 billion toward new IMF resources to help contain the debt crisis in the euro zone. “We have commitments in excess of $316 billion and I have more in the bag,” IMF Managing Director Christine Lagarde […]

Banks’ stress test to hold before year end – CBN

The Central Bank of Nigeria on Wednesday reiterated that it would conduct another round of stress test on Deposit Money Banks in the country before the end of this year. It had dropped a hint in March last year that a fresh stress test would be conducted on the banks […]