By InvestAdvocate Lagos INVESTADVOCATE)-Ecobank Transnational Incorporated (ETI) Wednesday announced it has acquired a 100 percent (100%) stake The Trust Bank Ghana Limited (TTB). This was contained in a Notice to the Nigerian Stock Exchange (NSE) and obtained by www.investadvocateng.com in Lagos Nigeria. According to ETI, under the terms of the […]

Yahoo Inc co-founder Jerry Yang has quit the company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that could have transformed the struggling company. Yang’s abrupt departure comes two weeks after Yahoo appointed Scott Thompson its […]

The World Bank warned Wednesday of a possible slump in global economic growth and urged developing countries to prepare for shocks that could be more severe than the 2008 crisis. The bank cut its growth forecast for developing countries this year to 5.4 percent from 6.2 percent and for developed […]