Author: InvestAdvocate

World stocks fall for 7th day

By Agency Reporter Wednesday, 17 Nov 2010 World stocks fell for the seventh straight session on Tuesday on persistent worries over Ireland‘s debt problems and China‘s fiscal tightening, and Irish debt yields rose further before talks on the crisis. Reuters reported from London on Tuesday, that concerns over more official steps […]

Stock market awaits release of statutory allocation

By Gbenga Agbana Wednesday, 17 Nov 2010 The stock market is set to experience liquidity in the next few weeks with the expected release of the N403bn statutory allocation for the month of November, according to market operators. Also, the purchase of the toxic assets of banks by the Asset Management […]

Mozambique’s Central Bank grants operating license to UBA

By investadvocate Nov 16 2010 07.31 GMT   Lagos (INVESTADVOCATE)-The Central Bank of the Republic of Mozambique has granted operating license to United Bank for Africa Plc (UBA) to open UBA Mozambique.   This was contained in a notice Monday November 15 2010 to Dealing Members of the Nigerian Stock Exchange […]