Author: InvestAdvocate

Afromedia 2011 Q1 profit dip by 59.8%

By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-Afromedia Plc Thursday announced a dip of 59.8 percent (59.8%) in its Profit After Tax (PAT) in its First Quarter (Q1) Unaudited Result for the period ended December 31 2011. This is contained in the Result Announcement by the Firm to the Nigerian Stock Exchange […]

IMF says threat of sharp global slowdown eased

The probability of a sharp global slowdown has eased due to recent policy measures adopted in the euro zone to tackle its debt crisis, the International Monetary Fund said on Thursday, but it warned risks to world growth remain “squarely to the downside.” In a report to G20 finance ministers […]

Bank of America considers checking account fee revamp: report

Bank of America Corp is planning to introduce a monthly fee for its customers holding checking accounts unless they agree to bank online, buy more products or maintain certain balances, the Wall Street Journal said. The report on the new fee initiative at the nation’s second-largest bank comes after it […]