By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The top two (2) world Cement producers, Lafarge and Holcim said on Monday they have received final approval for their proposed merger from the competition authorities in the United States and Canada. “All competition approvals necessary for closing the transaction have now been obtained ahead of […]
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InvestAdvocate Host Company, HostMonster Make $1 Million Investment
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Top rated web hosting provider, HostMonster has said it’s making an investment of over $1 million in its core network to provide enhancements. This is contained in an email notice to InvestAdvocate on network maintenance by HostMonster scheduled to commence on 5 March, 2015 […]
Global Banks Face 25% Loss-Absorbency Rule in FSB Plan
Oct 7, 2014/Bloomberg The largest global banks will have to hold more capital and liabilities than previously reported that can automatically be written off in a crisis — as much as a quarter of risk-weighted assets — as regulators take on lenders deemed too big to fail. The Financial Stability […]
