Following a drop in the January inflation rate to a single digit of nine per cent, financial analysts have said the February inflation rate will inch up marginally to 9.1 per cent. The National Bureau of Statistics has not released the official figure for February yet. But analysts at Financial […]
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Nigeria’s GDP Grew by 6.99% in Q4 2012
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Gross Domestic Product (GDP) grew by 6.99 percent (6.99%) in the Fourth Quarter (Q4) of year 2012. This is contained in the Revised 2011 Estimates for First to Fourth Quarter of year 2012’s GDP for Nigeria from the Presidency as prepared by the National […]
Banks Find More Foreclosure Problems
Big banks discovered they wrongfully foreclosed on more than 700 military members during the housing crisis and seized homes from about two dozen other borrowers who were current on their mortgage payments, Jessica Silver-Greenberg and Ben Protess report in The New York Times. The banks  Bank of America, Citigroup, […]
