Senators lashed out against federal prosecutors on Wednesday for a lack of zeal in going after Swiss banks that helped Americans dodge taxes, saying that offshore tax avoidance has cost billions of dollars in tax revenues. The Senate Permanent Subcommittee on Investigations this week alleged new misdeeds by Switzerland’s Credit […]
World News
Nigeria naira eases: c.bank intervention no help
Nigeria’s central bank intervened with dollar sales to lift the naira on Wednesday but strong demand for the U.S. dollar outweighed the move. Dealers said uncertainty about monetary policy following the suspension of central bank governor Lamido Sanusi last week and reduction in foreign portfolio flows continued to weigh on […]
Ghana Growth Projected to Drop 5½ Percent-IMF
To Check Short-Term Vulnerabilities By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The international monetary fund (IMF) Wednesday said Ghana’s economy slowed down and growth rate is estimated to drop to 5½ percent—well below the levels of recent years. The IMF said the slow in growth of Ghana’s economy is as a […]
