Last week’s release of the petrol import allocation to marketers has not eliminated long queues of motorists at filling stations in most parts of the country and the situation is likely to get worse in the days ahead, DAYO OKETOLA and OKECHUKWU NNODIM write The current scarcity of petrol in […]
World News
IMF Appoints Vitor Gaspar as Director Fiscal Affairs Department
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday announced the appointment of Vitor Gaspar as the Fund’s Director of Fiscal Affairs Department. In a statement from the IMF and made available to InvestAdvocate, Christine Lagarde, Managing Director (MD) of the Fund today named Gaspar to the position […]
World Bank postpones Uganda loan over anti-gay law
The World Bank on Thursday postponed a $90 million loan to Uganda’s health system over a law that toughened punishment for gays, an unusual move for an institution that typically avoids wading into politics. “We have postponed the project for further review to ensure that the development objectives would not […]
