The Federal Executive Council (FEC) approved for the country to borrow an interest free loan of $200 m from the International Development Agency to accelerate the Fadama III project across the country. Minister of Information, Labaran Maku who disclosed this while briefing state house correspondents after the meeting said the […]
Author: InvestAdvocate
Cooperative and Islamic Banks: What can they Learn from Each Other?
The recent global financial crisis has forced consumers, business, and voters to reconsider what are desirable features of a financial system. There is a feeling of unease with the dominance of very highly-leveraged institutions determined to maximize return on equity from quarter to quarter, focusing on high-volume own-account trading in […]
IMF Appoints New Resident Representative in Greece
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursady announced it has appointed a new resident representative to Greece. The IMF said Wes McGrew will be replacing Bob Traaa, whose three (3) years assignment ends this month. According to the IMF, McGrew a US national has been in […]
