26/5/2016/AfDB Despite the difficult and challenging global economic situation, African countries achieved considerable economic progress in 2015, registering a 3.6% average GDP growth during the year when the best performers in developed countries hardly reached 2%. Africa also accounts for five of the world’s fastest-growing economies with Côte d’Ivoire, Democratic […]
Updates
FBN Holdings Pays N2.0 Billion Fine, Offers N5.38 Billion Dividend in 2015
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier financial holdCo, FBN Holdings Plc said it paid N2.0 billion fine in the audited year ended December 31, 2015. The company said as part of its operating expenses, it paid fines and penalties amounting to N1.901 billion in the review period. FBNH says part […]
Brent oil breaks above $50 for first time in seven months
Thu May 26, 2016/Reuters By Karolin Schaps and Ron Bousso Oil prices climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing. Oil prices have rallied in recent […]
