Author: InvestAdvocate

2014: FG Projects N4.5tn Budget, Sets Oil Benchmark at $74/bl

The federal government is set to propose a budget of N4.495 trillion for the fiscal year 2014 that will be predicated on an oil revenue benchmark of $74 per barrel. While the proposed budget projection translates to a N492 billion reduction from the N4.987 trillion appropriated by the National Assembly […]

IMF Projects -12.5% Decline in Ghana’s Economic Growth

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said Ghana’s economic growth is likely to drop by -12.5 percent (-12.5%) from eight percent (8%) in 2012 to  seven percent (7%) in the current year.   This is coming on the heels of the Fund’s visit to the […]

Transcorp Appoints New Chief Finance Officer

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) Wednesday said it has appointed a new Chief Finance Officer (CFO), Ibikunle Oriola. The company said this in a notice to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate in Lagos Nigeria. This is coming on […]