The euro zone’s debt crisis has become the biggest threat to the global economy and a break up of the currency zone can no longer be ruled out, the OECD said on Monday, slashing its forecasts and urging the ECB to play a bigger role in defusing the crisis. The […]
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Pressure mounts on MTN to list on Nigerian Bourse by 2012
By Ify Onye InvestAdvocate Lagos (INVESTADVOCATE)-Pressure is mounting by the day for Mobile Telecoms Giant, MTN Nigeria to list on the Nigerian Stock Exchange (NSE) by 2012. This is coming on the heels of a Statement Monday from the Capital Markets Committee of the Nigerian House of Representative and made […]
IMF readying ‘€600 bn rescue plan’ for Italy
The IMF could bail out Italy with up to 600 billion euros ($794 billion), an Italian newspaper reported on Sunday, as Prime Minister Mario Monti came under pressure to speed up anti-crisis measures. The money would give Monti a window of 12 to 18 months to implement urgent budget cuts […]

