World News

Dollar under pressure as central bank meetings loom

Expectations that the Federal Reserve will this week emphasize plans to keep U.S. interest rates near zero left the dollar at a five-week low on Monday, while concerns about China’s stuttering economy pressured commodity markets. The Federal Reserve, the European Central Bank and the Bank of England meet this week. […]

ARM rates Sterling Bank’s rights issue

Asset & Resource Management Company, an investment services company, has said the ongoing rights issue of Sterling Bank Plc provides investors with a highly attractive opportunity. According to an ARM rating explanatory note, the right issue’s price places a “buy” on the stock at the given the intrinsic potential of […]

IMF Asia Pacific Director Anoop Singh Set for Retirement

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Anoop Singh, Director of the Asia and Pacific Department at the International Monetary Fund (IMF) is set for retirement.   Singh Friday sent a notice to Christine Lagarde IMF Managing Director (MD) signifying his intention to retire from the Fund in coming months.   According […]