….Says Tough to Recover Assets amidst Economic Downturn By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Asset Management Corporation of Nigeria (AMCON) said on Tuesday it’s tough to pay off N5.6 trillion of its liabilities in the next 10 years as it struggles to recover assets amidst economic downturn, according to Ahmed […]
Capital Market
Are Capital Flows Expansionary or Contractionary? It Depends What Kind
December 7, 2015/iMFdirect by Messrs. Blanchard, Ostry, Ghosh, and Chamon With the expected move by the Federal Reserve to raise interest rates before the end of the year, many are asking about the effects on emerging market countries. Will outflows increase, and how will this affect economic activity in emerging […]
Nigerian Equities Commences Week Positive, Gains 0.73%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday commenced thw eek on a positive note; gaining 0.73 percent as all-share index (ASI) closed at 27,833.89 basis points, while market capitalisation grew by N69.74 billion to N9.57 trillion. Cordros daily market update says today’s gain extended the Month-to-Date […]
