Author: InvestAdvocate

Insurance sector received N839.8bn premiums in 10 years – Investigation

By Nike Popoola Monday, 25 Oct 2010 In the last ten years, premiums received by the nation’s insurance companies increased year-on-year, writes Nike Popoola. Between 2000 and 2009, the insurance sector received total premiums of N839.8bn from all the businesses underwritten by life and general insurance companies. Statistics from the Nigerian […]

Stocks may face wild swings, earnings blitz

By Agency Reporter Monday, 25 Oct 2010 NEW YORK: United States stocks could see big swings to the downside next week on any remotely ‘bad’ news since volatility indexes are at levels considered too low.  According to a Reuters on Saturday, investors also will face a blizzard of earnings, which many […]

Sarkozy warns currency instability threatens world growth

By Agency Reporter Monday, 25 Oct 2010   Montreux: French President, Nicolas Sarkozy, warned on Saturday that currency instability threatened world growth and called for coordinated action to reform the world financial system. Sarkozy, whose country takes on the G20 presidency next month, also denounced speculators as causing volatile prices in […]