Author: InvestAdvocate

CBN converts more dollar reserves into Chinese yuan

The Central Bank of Nigeria is converting more of the nation’s foreign reserves from the dollar into the Chinese renminbi or yuan. The Financial Times reported that in August, the central banks of Nigeria and Tanzania joined their counterparts from other continents in adding more renminbi to their reserves. The […]

Sovereign Wealth Fund should be invested locally – CIS President

The President of the Chartered Institute of Stockbrokers and Managing Director, Capital Assets Ltd., Mr. Ariyo Olushekun, says that the Sovereign Wealth Fund should be invested in the Nigerian economy. He spoke with Udeme Ekwere  Different levels of instability has been recorded in the capital market and people believe the […]

Nigeria’s Brain Gain may boost GDP to over 7.5%-Ijewere

“The LearnAfrica values are encapsulated in the acronym – PRIDE ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å“ which represents five pairs of principles that guide them wherever they may be, whatever they may be doing.  The principles are: Professionalism and Performance, Reliability and Respect, Integrity and Innovativeness, Devotion and decency, Excellence and Equity” Source: LearnAfrica website Lagos-In this […]