Fed Govt to channel 1% GDP to innovation fund; 70% of June allocation from non-oil sector – Fowler; AfDB approves $56bn industrialisation package for Nigeria, others as Nigeria spends N1b daily on rice imports
While market volatility has made many investors nervous, there are a few investment vehicles that have continued to grow. Exchange Traded Funds (ETFs) are pooled investment vehicles with shares that can be purchased or sold on a stock exchange at a
Market determined price.
The available data indicates that the global macroeconomic conditions remain fragile thus far in 2016. Specifically, economic activities in the developed economies, excluding a few large members, have been largely subdued while several large emerging markets and developing economies have not shown any sign of recovery from their economic challenges of 2015.