Author: InvestAdvocate

Global economy in “danger zone”: Zoellick

By Koh Gui Qing BEIJING (Reuters) – The world economy is stepping into a “new danger zone,” World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens. Speaking in Beijing, Zoellick urged Europe and the United States to tackle their debt problems, and noted that […]

Market rebounds by 1.4% on bank gains

By Udeme Ekwere Trading activities on the Nigerian Stock Exchange witnessed a trend reversal on Friday, as transactions closed positive to end the eight- day- downward trend. The market capitalisation of the listed equities rose by N96bn or 1.4 per cent from N6.813tn on Thursday to N6.909tn. Similarly, the NSE’s […]

Long-term funding, vital to pharmaceutical industry survival – M&B boss

In this interview with Udeme Ekwere, the Managing Director, May & Baker Plc, Mr. Nnamdi Okafor, says that funding is vital to the survival of the pharmaceutical industry in Nigeria. We are aware that May & Baker invested N4bn in the plant that was recently inaugurated by President Goodluck Jonathan, […]