Malaysia-based International Islamic Liquidity Management Corp (IILM) will expand its Islamic bond programme by $370 million to $860 million next week, increasing its issuance of short-term sukuk for the first time since its launch last year. The IILM, a consortium of central banks from Asia, the Middle East and Africa, […]
World News
Nigeria attracts $8bn in Foreign Direct Investment – FG
The Minister of Foreign Affairs, Prof. Viola Onwuliri, has put the value of Foreign Direct Investment in the Nigerian economy at $8bn. She stated this at a press briefing on Thursday in Abuja where she gave the scorecard of her ministry for 2013. She said, “In collaboration with the relevant […]
Global Growth Now 4%, IMF Forecast Improvement in 2014
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said global growth is around 4.0 percent (4.0%), but is expected to improve in 2014. Christine Lagarde, IMF’s Managing Director (MD) said this in her remark, ‘’The Global Economy in 2014’’ at the National Press Club in Washington D.C. […]
