Author: InvestAdvocate

JPMorgan Strategist’s Areas of Strength for 2013

Although the first half of 2013 promises to be tricky for the stock market, a few sectors show relative strength, JPMorgan (JPM) Chief U.S. Equity Strategist Thomas Lee said Monday. “We think overall it’s going to be a pretty good year for markets because, you know, we’re in the fifth […]

Fitch, GCR Assign UBA Positive Ratings

The United Bank for Africa (UBA) Plc has said it was given impressive ratings by two leading rating agencies- Global Credit Rating Company (GCR) and Fitch Ratings (Fitch). A statement from the bank at the weekend said the ratings attested to the group’s strong liquidity, solid risk management and robust […]

World Bank Chides Nigeria, Others over Poor Statistics

The World Bank has decried the quality and relevance of data from Nigeria and other African countries, which it described as largely obsolete. The bank’s Director, Department of Economic Policy and Poverty Reduction Programmes, Africa, Mr. Marcelo Giugale, stated this in a report e-mailed to THISDAY at the weekend. He […]