Foreign and local investors may buy stake in Nigeria’s Unity Bank Plc, which is currently seeking to expand its share of the country’s lucrative retail banking sector, investigation by our correspondent has revealed. The United Kingdom-based Development Partners International, Morocco-based Bank of Morocco and Lagos-based Verod Capital Management are among […]
Tag: UK
Euro Area, Spain Make List of IMF Economies with Economic Imbalances
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) have named Euro Area and Spain as countries newly identified given relatively large fiscal and external imbalances that are likely to persist or emerge over the medium term in the wake of the crisis. This is contained in an update […]
UK mortgage approvals highest in over five years, business lending up
Lending to home-buyers hit its highest level in more than five years last month and lending to businesses rose for the first time since January. The Bank of England data on Friday provided further evidence that Britain’s economic recovery was picking up pace, helped by state incentives to free up […]
