August 4, 2016/Reuters Nigeria’s “bad bank” AMCON on Thursday posted a 2015 loss of 304.35 billion naira ($982 mln), wider than last year’s loss of 275.49 billion naira, after it wrote-down the value of collateral recovered from its purchase of bad loans. Executive Director Aminu Ismail said the 2015 loss […]
Updates
Sluggish Business Investment in the Euro Area: The Roles of Small and Medium Enterprises and Debt
Culled—-iMFdirect August 4, 2016 by iMFdirect By John C. Bluedorn and Christian Ebeke Small businesses could be the lifeblood of Europe’s economy, but their size and high debt are two of the factors holding back the investment recovery in the euro area. The solution partly lies in policies to help […]
Best and Worst Performing Markets in Africa
Culled—-Proshare August 4, 2016/TheAnalyst Investors continued to scramble for profits as a way of reducing exposure on the Nigerian bourse, following impressive rally of 16.69% in Q2’16, which puts H1 performance at +3.34% gain. The YTD loss so far in the New Month of August stands at -3.33% after bearish […]
