Author: InvestAdvocate

Year 2011 Zik Prize: Governor Peter Obi last awardee standing

By InvestAdvocate Lagos (INVESTADVOCATE)-Governor Peter Obi of Anambra State South East Nigeria Saturday emerged the last man standing at the year 2011 Zik price award for Good Governance. Obi emerged one of the three (3) Governors in Nigeria that was nominated to receive the award. The award was meant to […]

Global economy on recovery path, risks remain: IMF chief

The global economy has stepped back from the brink of danger and signs of stabilization are emerging from the euro zone and the United States, but high debt levels in developed markets and rising oil prices are key risks ahead, the IMF said on Sunday. “The global economy may be […]

CBN sells $1.85bn forex in February

The Central Bank of Nigeria sold a total amount of $1.847bn foreign exchange at the Wholesale Dutch Auction System in February, compared to $1.919bn recorded in January. The figure, according to the latest data on the CBN’s website, represents a decline of 3.75 per cent from the January figures. The […]