By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said it has developed a draft template for countries to use for the collection of data on government revenues from natural resources, based on the revenue classifications of the Government Finance Statistics Manual 2001 (GFSM 2001). The IMF said […]
Author: InvestAdvocate
Jonathan Fires Oduah, 3 Other Ministers
Update: According to Mr. Labaran Maku, Nigeria’s Information Minister, the Minister of State for Trade and Investments, Mr. Samuel Ortom, will take charge of the Ministry of Aviation, Mr. Darius Isiaku will oversee affairs at the Ministry of Niger Delta Affairs, while FCT Minister Olajumoke Akinjide will run the Ministry […]
Bank Of England Raises 2014 GDP Forecast, Says ‘Won’t Take Risks With Economic Recovery’
Mark Carney has begun the inflation report. “The recovery has gained momentum,” Carney says. The first phase of forward guidance. The Monetary Policy Committee(MPC) set 7% unemployment rate threshold before even considering whether interest rates should be raise. “Forward guidance is working… uncertainty about interest rates has fallen,” Carney said. […]
