Press Release The Securities and Exchange Commission (SEC) has lifted the suspension on Ecobank Nigeria from acting as receiving bank or perform any other activities in the Nigerian capital market for allegedly conniving with Arian Capital Management Limited, to convert shares of its client, Avil Services Limited. SEC had last […]
Author: InvestAdvocate
Ghana Signs MoU with IMF on Regional Centre
By InvestAdvocate Lagos (INVESTADVOCATE)-Ghana and the International Monetary Fund (IMF) Thursday signed a Memorandum of Understanding (MoU) to create a new Africa Regional Technical Assistance Centre (AFRITAC) in Accra, Ghana, West African Sub Region. Seth Terkper, Finance Minister of Ghana, and Ms. Nemat Shafik, Deputy Managing Director of the […]
IMF Appoints Ducharme As New Director of Statistics
By Peter OBIORA InvestAdvocate Lagos (InvestAdvocate)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Thursday announced the appointment of Louis Marc Ducharme as Director of its Department of Statistics. The IMF said Ducharme’s appointment will be effective in June 2013 when he succeeds Adelheid Burgi-Schmelz, who […]