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Communiqué of the Twenty-Eighth Meeting of the International Monetary and Financial Committee

Chaired by Mr. Tharman Shanmugaratnam, Deputy Prime Minister of Singapore and Minister for Finance The global recovery is continuing. Growth remains subdued, however, and downside risks persist, with some new risks emerging. There are encouraging signs of improving activity in advanced economies, while growth in many emerging market economies has […]

UBA Grows Loan Book By 26.7%, As Comprehensive Income Hits N48.74 Billion

Press Release – Lagos; 31/10/2013: United Bank for Africa Plc (UBA) released its nine months financial results today, showing a significant 26.7% growth in loan portfolio, as the bank positions to take advantage of emerging opportunities in Nigeria’s fast growing economy. The nine months results put the bank’s new loan […]

Lagarde Endorse Yellen’s Nomination by President Obama

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Wednesday endorsed the nomination of Janet Yellen to head the United States (US) Federal Reserve. “I welcome President Obama’s nomination of Janet Yellen for the Fed Chair. Janet is an excellent choice for this […]