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 […]
World News
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. […]
Nigeria: December Inflation climbs further to 8.0% y/y
According to the National Bureau of Statistics, headline inflation in December inched up by 8.0% y/y. This marks a 0.1% rise from the 7.9% recorded in November and the second consecutive rise in inflation rate since October. In effect, inflation remained in single digits throughout 2013. The consumer price index […]
