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Sustained high oil prices’ll hit growth – IMF

  By Agency Reporter The head of the International Monetary Fund has warned that global economic growth may suffer if the price of oil stays at its current high level for an extended period. Oil prices jumped towards $120 a barrel last week for the first time since 2008, as […]

AMCON bonds to be listed on NSE this month

By Udeme Ekwere and agency report The Asset Management Corporation of Nigeria will list its bonds on the floor of the Nigerian Stock Exchange by March 31, this year. The Chief Executive Officer, AMCON, Mr. Mustafa Chike-Obi, who disclosed this to Reuters on Tuesday, noted that, unlike other debt instruments, […]

EU banks call for stress test clarity

By Agency Reporter European Union regulators checking the health of banks in coming weeks should spell out to markets what is being tested and how the results will be released, a top European banking lobby has said. “Say it early, say it upfront and give people the right amount of […]