January 21, 2019/IMFBlog By Gita Gopinath While global growth in 2018 remained close to postcrisis highs, the global expansion is weakening and at a rate that is somewhat faster than expected. This update of the World Economic Outlook (WEO) projects global growth at 3.5 percent in 2019 and 3.6 percent […]
Author: InvestAdvocate
Money Market Rate Decreased As Overnight Rate Fell To 16.17%
Culled—Proshare January 21, 2019/Anchoria AM Research Money Market The money market rate decreased last week as the Overnight rate (OVN) and Open Buy Back (OBB) fell to 16.17% and 15.33% respectively. Consequently, the average money market rate fell by 5.50% to settle at 15.75% as the System liquidity is estimated […]
eTranzact Get Shareholders’ Approval to Raise Authorized Share Capital to N9.1Billion
January 21, 2019/eTranzact eTranzact International PLC, Africa’s premier electronic payment solutions provider has gotten the express approval of Shareholders of the company to raise its Authorized Share Capital from N2.1 Billion Naira to N9.1 Billion Naira. The capital raise proposal of N7 Billion was tabled by the Mr. Wole […]
