Author: InvestAdvocate

Nigeria’s economic growth to quicken, inflation to ease this year -IMF

* GDP to grow 7.3 pct this year vs 6.4 pct in 2013 -IMF * IMF says inflation to ease, end 2014 at 7 pct * Pre-election spending, falling reserves/currency are risks   Economic growth in Nigeria will accelerate this year, driven by sectors outside its dominant energy industry, while […]

Nigeria to sell 90 bln naira in 3-, 10-year bonds

Nigeria plans to sell 90 billion naira ($547.61 million) of bonds with maturities of three years and 10 years on March 12 at its third monthly debt auction this year, the Debt Management Office said on Friday. The debt office said it would issue 45 billion naira each of the […]

Ecobank says to hold board meeting on Tuesday

Pan-African lender Ecobank will hold a board meeting on Tuesday in the Cameroonian capital Yaounde two weeks after an injunction blocked a similar meeting that would have discussed the position of chief executive Thierry Tanoh. Ecobank is one of the largest financial institutions in sub-Saharan Africa with a presence in […]