Author: InvestAdvocate

Nigeria, Other African States Seek World Bank’s Assistance on Illicit Financial Flows

• Blumberg Grain pledges to invest $250m in agriculture sector Nigeria and other African countries have asked the Bretton Woods institutions, the World Bank and the International Monetary Fund  (IMF), to help them arrest the intractable problem of illicit financial outflows from the continent. The Coordinating Minister for the Economy […]

Goldman dodges a shareholder battle that dogs rivals

When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying. Goldman’s big Wall Street rivals can’t say the same. JPMorgan Chase & Co, Bank of America […]

World Bank Predicts 7.8% Growth in Remittances to Developing Economies in 2014

The World Bank Group has predicted that remittance flow to developing countries will rise 7.8 per cent to $436 billion in 2014 from the 2013 volume of $404 billion. This forecast is contained in the bank’s latest issue of the Migration and Development brief released at the weekend in Washington […]