-To create Millions of New Jobs By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The G20 finance ministers and central bank governors said on Friday it has targeted 1.8 per cent increase in global GDP over five years. This will mean $2 trillion to the world economy and millions of new jobs, according […]
World News
FirstRand Still Eyes Acquisition in Nigeria, despite Pulling Out of Mainstreet Bank Deal
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s biggest lender by market value FirstRand Limited has reiterated its resolve to ‘’bolt-on acquisitions” in Nigeria, a Bloomberg report quoted Sizwe Nxasana, chief executive officer (CEO) of the bank in an interview October 7. Nxasana while attending a meeting with Swiss private banks and […]
Foreign Portfolio Investors Double Investment to $4 trillion in Emerging Market Equities, Bonds-IMF Report
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Foreign portfolio investors has doubled their investments to $4 trillion, or about 13 percent in emerging market equities and bonds over the last 10 years, the latest International Monetary Fund’s (IMF’s) Global Financial Stability Report (GFSR) said. ‘’Emerging markets have grown in importance as […]
