By Peter OBIORA InvestAdvocate Uyo (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said the Nigerian economy is expected to grow at seven percent (7%) and has insisted that Asset Management Corporation of Nigeria (AMCON) should be phased out gradually. This is coming on the heels of the conclusion of the Fund’s […]
World News
IMF Reports 7.9% Rise in Total Inward Direct Investment
By Peter OBIORA InvestAdvocate Uyo (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday reported a 7.9 percent (7.9%) rise in total inward direct investment from $24.1 trillion in 2011 to $26.0 trillion in 2012. According to a Coordinated Direct Investment Survey (CDIS), the Fund’s worldwide survey of bilateral direct investment positions, the […]
Japan readies $182 billion economic package, no new debt needed: sources
Japanese Prime Minister Shinzo Abe is readying a $182 billion economic package this week in his latest bid to pull the economy out of deflation, but the new measures will not require the government to sell more debt. The package, to be approved by Abe's government on Thursday, will have […]
