Author: InvestAdvocate

Africa Rising—Building to the Future

Keynote Address by Christine Lagarde Managing Director, International Monetary Fund Maputo, May 29, 2014 Introduction Good morning, bom dia. It is my great pleasure to welcome you to this conference on Africa. I wish to thank President Guebuza and the government of Mozambique for hosting this event, and the many […]

Apple to get Beats, music mogul Iovine for $3 billion

Apple Inc (AAPL.O) will buy Beats for about $3 billion and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming. As expected, Beats co-founders Iovine and rapper Dr. Dre will join Apple as part […]

Money laundering: CBN warns banks against violating directives

The Central Bank of Nigeria has moved against money laundering and terrorism financing activities believed to be going on at the Deposit Money Banks and discount houses. As such, the central bank in a circular to banks has directed banks and discount houses violating its anti-money laundering and terrorism financing […]