Author: InvestAdvocate

IMF Advise Libya to Harmonise Anti-Money Laundering Law with International Standard

By Our Correspondent Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Friday advised Libya to harmonise its Anti-Money Laundering and the Combating the Financing of Terrorism (AML/CFT) law with international standards and devote resources to its effective implementation.   This is contained a Statement made available to InvestAdvocate following the […]

Libya’s Economic Growth exceeds 100% in 2012-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said Libya’s economic growth in year 2012 exceeded 100 percent (100%), reflecting a strong recovery from its collapse during the revolution.   This is contained in a Press Release from the IMF and made available to InvestAdvocate.   The IMF’s […]

NSE closes on negative note Index depreciate by -1.01%

By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Equities Market of Nigerian Stock Exchange (NSE) Friday closed on a negative note as the NSE’s All-Share Index depreciated by 334.09 points or  -1.01 percent (-1.01%) to close on Friday at 32,849.11.   Weekly Reports from the Nigerian Bourse made available to InvestAdvocate said […]