Author: InvestAdvocate

The Times They are a-Changing: will (fiscal) history repeat itself?

Carlo Cottarelli, Director of Fiscal Affairs Department, IMF Recent political and social unrest in some emerging and developing countries may have idiosyncratic features. But they also have a common denominator: a yearning for more equality in incomes, economic self-determination, and political power. Are these developments in seemingly unrelated emerging economies […]

Nigerian Minister Voluntarily Resigns

The Minister of State for Health, Dr. Muhammed Pate, Wednesday voluntarily resigned in order to resume at the Global Health Institute a US based Duke University. Professor Pate, in his resignation letter said his new portfolio would avail him a unique platform to participate in a university-wide Africa initiative while also […]

CBN Warn Banks on Money Laundering

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Tuesday warned Banks, Discount Houses and Development Banks against Money Laundering and advised on the appointment of chief compliance officers (CCO). This contained a circular with reference number FPR/DIR/GEN/001/022 dated July 18 2013 and signed by Nwaoha I.T, Acting […]