Author: InvestAdvocate

AMCON bonds to aid real sector growth-Analysts

ByAdemola Alawiye Analysts have said that the zero coupon bonds issued by the Asset Management Corporation of Nigeria will boost the real sector of the economy. They said that the bonds would boost the banks liquidity, thereby creating more funds to be lent to the real sector. AMCON on Wednesday […]

ECB Raises Interest Rates

By BRIAN BLACKSTONE The European Central Bank raised interest rates for the first time in nearly three years Thursday, but sought to reassure investors that it won’t embark on a rapid-fire series of increases that could disrupt fragile economies in parts of the euro bloc. Despite those assurances, many analysts […]

Diamond Bank post -29.60% loss in Q1 of 2011

  By investadvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc has posted a loss of -29.60 percent (-29.60%) loss in its Unaudited Result for the First Quarter Ended March 31 2011. This was contained in the Result Announcement of the Bank Thursday April 07 2011 to the Nigerian Stock Exchange (NSE) and made […]