By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Friday closed the week on a negative note and declining 1.04 percent to extend Year-to-Date (Y-t-D) loss to 14.70 percent. At the end of the week’s trading on the domestic bourse, all-share index (ASI) and market capitalisation depreciated by […]
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Wall St. falls with oil; CPI data stokes rate hike talk
Fri Feb 19, 2016/Reuters By Abhiram Nandakumar The Dow and S&P 500 slipped on Friday morning as a renewed slide in oil prices weighed on energy and materials stocks and prospects of a rate hike this year were rekindled by data pointing to firmer inflation trends. The Nasdaq was little […]
Statement by Christine Lagarde on her Second Term as IMF Managing Director
February 19, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today: “I am delighted to be given the opportunity to lead the IMF as Managing Director for a second term of five years, and I greatly appreciate the continued trust and support […]
