Author: InvestAdvocate

Profit Forecast: UBA to Gross N15.1 billion in Q1 of 2012

Press Release United Bank for Africa Plc has issued a profit forecast for the first quarter of the year. The forecast made available to the Nigerian Stock Exchange (NSE) showed that UBA shall record a Gross Earnings of N59 billion and Profit-Before-Tax of N15.1 billion for the period ending March 31, […]

European central banks to blast cash into economy

With Europe sliding toward recession, the region’s two main central banks are preparing to redouble their emergency measures aimed at softening the downturn and blunting the effects of the government debt crisis. Analysts expect the U.K.’s central bank, the Bank of England, to announce Thursday that it will inject another […]

Greeks seek elusive bailout deal, EU tempers fray

Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens. One deadline after another has come and gone. Leaders of […]