Author: InvestAdvocate

Edo gets SEC approval for N25bn bond

By Agency Reporter Monday, 3 Jan 2011 Edo State Government has secured the necessary approval for a N25bn bond from the capital market for infrastructural development. The offer for subscription of fixed rate infrastructural development bond is restricted to qualified institutional investors and high networth individuals as defined by rule 78(c)(2) […]

Estonia joins euro as currency expands

By Agency Reporter Monday, 3 Jan 2011 Estonia has become the first former Soviet republic to join the euro, putting at least a temporary cap on the currency bloc‘s expansion as the sovereign debt crisis ripples through Europe. Wedged between Russia and Latvia on the Baltic Sea, Estonia, according to Bloomberg […]

Venezuelans fret over prices after devaluation

By Agency Reporter Monday, 3 Jan 2011 Venezuelans are worried on Friday that a second devaluation of their currency in 12 months would make life even harder as the socialist government of President Hugo Chavez struggled to turn the economy around. Already suffering one of the world‘s highest inflation rates and […]