By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF), Wednesday said Algeria’s Economic growth is expected to remain solid, between 3 and 3½ percent (3%-3½%) over the next two years. Christine Lagarde, Managing Director (MD) of the IMF said this in a Statement made available to InvestAdvocate at […]
World News
Credit Suisse urges investors to jump into stocks
A month after turning cautious on global stock investing, the investment committee of Credit Suisse Group’s (CSGN.VX) U.S. private bank has reversed course. “Plentiful liquidity, attractive valuations and low inflation make equities among our best options in an asset allocation context,” a team led by Barbara Reinhard, the unit’s chief […]
Cashing of third-party cheques above N150,000 stops nationwide June 1
The Central Bank of Nigeria has directed all deposit money banks to stop the cashing of third-party cheques above N150,000 over the counter in all the states starting from June 1, 2013. The apex bank in a circular on Monday said it had been observed that the policy had succeeded […]
