World News

Niger’s GDP to Increase by 6.5% in 2014-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said Niger’s Real Gross Domestic Product (GDP) is expected to grow to 6.5 percent (6.5%) in 2014. This is coming on the heels of the discussions with the Nigerien authorities on the second and third reviews of the economic […]

Yellen gets final stamp of approval to head U.S. Fed

Janet Yellen, a key force behind the Federal Reserve’s unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus. When she succeeds Ben Bernanke, whose second four-year term as Fed chairman […]

Kenya Second Largest Investor in Sub-Saharan Africa-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said Kenya is the second largest investor in sub-Saharan Africa. Christine Lagarde, the Managing Director (MD) of the Fund made this disclosure in her speech ‘’Kenya at the Economic Frontier: Challenges and Opportunities’’ at the Kenya Private Sector Alliance […]