Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan’s drive to galvanize its economy. British finance minister George Osborne said the finance ministers and central bankers meeting 40 miles outside London focused on unfinished bank reforms, […]
Author: InvestAdvocate
IMF advises FG to remove oil subsidy
… Says elimination would ensure fiscal adjustment From ISAAC ANUMIHE, Abuja International Monetary Fund (IMF) has advised the Federal Government to remove the remaining oil subsidy, as that would help fiscal adjustments. Speaking with newsmen in Abuja, IMF’s Senior Resident Representative/Mission Chief, Williams Scott Roger, insisted that the nation required […]
$620,000 Bribe: Court Insists Lawan, Emenalo Must Face Trial
– Despite the attempts by the chairman and the secretary of the House of Representatives ad hoc committee on subsidy probe, Farouk Lawan and Emenalo Boniface respectively, to convince an Abuja High Court to quash the charges against them, the court on Friday dismissed their application, saying they must face […]
