US President Barack Obama has officially nominated Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank. He called her one of the nation’s foremost economists and policy makers. Ms Yellen said if confirmed by the Senate she would do her utmost “to promote maximum […]
Author: InvestAdvocate
Issuing houses, CBN to meet on market development
Issuing houses in the country will meet with the Central Bank of Nigeria and Asset Management Corporation of Nigeria in order to discuss the regulator’s policies affecting the capital market, our correspondent has learnt. The Vice-Chairman, Association of Issuing Houses of Nigeria, Mr. Victor Ogiemwonyi, gave our correspondent the hint […]
World Bank Set to Reduce Poverty to 9% by 2020
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Group Wednesday said it has set an interim target to reduce global poverty to 9 percent (9%) by 2020, which, if achieved, would mark the first time the rate has fallen into the single digits. According to Jim Yong Kim, President of […]