By Peter OBIORA investadvocate Lagos (INVESTADVOCATE) – Investors of Abbey Building Society Plc operating in the Mortgage Sector of the Nigerian Stock Exchange (NSE) will enjoy a 25 percent (25%) increase in dividend payout for the year 2010 Financial Year End (FYE). This is coming on the heels of […]

BRUSSELS (AFP) – Europe cannot offer Portugal a bridging loan and long-term financial aid remains dependent on radical changes to its economy, the head of the European Commission said Wednesday. “It is not possible to provide bridging loans,” former Portuguese prime minister Jose Manuel Barroso told reporters in Brussels as […]

By Emily Kaiser WASHINGTON (Reuters) – The world’s banks face a $3.6 trillion “wall of maturing debt” in the next two years and must compete with debt-laden governments to secure financing, the IMF warned on Wednesday.   Many European banks need bigger capital cushions to restore market confidence and assure […]