The plunging rand drove currency futures trading on South Africa’s exchange to a record this month amid bets for further depreciation. Trading rose to 40 billion rand ($3.9 billion) this month, the most ever, Warren Geers, the JSE Ltd. (JSE)’s general manager for bonds and financial derivatives, said in an e-mailed […]
World News
IMF Projects 1.6% Growth for Japan in 2013 End
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday projected the growth of Japan to be 1.6 per cent (1.6%) in year 2013 end. This is coming on the heels of the annual Article IV discussions with the Japanese authorities. The IMF team said with Japan’s new policies […]
AGF, NDIC boss, others receive ICAN award
The Institute of Chartered Accountants of Nigeria has recognised the contributions of six Nigerians to key sectors of the economy. They are the Accountant-General of the Federation, Mr. Jonah Otunla; Auditor-General for the Federation, Mr. Samuel Ukura; and Managing Director, Nigeria Deposit Insurance Corporation, Alhaji Umaru Ibrahim. Others are the […]
