World News

A New Multilateralism for the 21st Century: the Richard Dimbleby Lecture

By Christine Lagarde Managing Director, International Monetary Fund London, February 3, 2014 As Prepared for Delivery Good evening. It is a great honor to be invited to deliver this year’s Dimbleby Lecture, and I would like to thank the BBC and the Dimbleby family for so kindly inviting me—and especially […]

Namibia Banking Sector Highly Profitable-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday reported that the Namibian banking system is highly profitable, well-capitalised and with relatively low nonperforming loans. The IMF’s executive board reported this at the conclusion of the Article IV consultation with Namibia without a meeting. Apart from high profitability […]

Nigeria Pinching State Bond Bonanza Before Vote: Africa Credit

Nigerian states clamoring to sell bonds before next year’s election are seeing their plans threatened as regulators in Africa’s second-biggest economy tighten the requirements for issuing debt. Federal officials will prove less willing to approve sales as the February 2015 vote approaches, Arunma Oteh, director general of the Nigerian Securities […]