Tag: InvestAdvocate

Global stocks rise as slowing China growth boosts stimulus prospects

Tue Jan 19, 2016/Reuters By Nigel Stephenson Shares in Europe and Asia rose and the dollar gained after data showing China’s economy grew last year at its slowest pace in 25 years prompted investors to anticipate more efforts to spur growth. Oil prices rose after strong Chinese fuel demand halted […]

Naira appreciates to N296/$

January 19, 2016/Vanguard By Babajide Komolafe The Naira, yesterday, appreciated to N296 per dollar in the parallel market due to expectation that the Central Bank of Nigeria (CBN) will sell autonomous dollar to  bureaux de change this week. Vanguard’s survey of major cities reveals that in Lagos the Naira appreciated by […]

IMF Says Pickup in Global Growth Weak, Projects 3.4% in 2016

World Economic Outlook Update: Subdued Demand, Diminished Prospects-IMF IMF Survey-World Economic Outlook Update “We a k Pickup in Global Growth, w ith Risks P ivot ing to Emerging Markets”-IMF World Economic Outlook Update, January 2016: Infographics “Future Grwoth Rates By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has […]