World News

FG’s positive drive of petroleum industry in 2013

Friday, January 10, 2014 12:06 PM: When year 2013 began, many Nigerians never gave the Federal Government any chance of making fruitful impacts in the petroleum industry. They thought the government would come up with its usual game of increasing the pump price of the Premium Motor Spirit (PMS). The […]

IMF Projects Mali’s GDP to Grow by 6.6% in 2014

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday projected the growth of Mali’s real Gross Domestic Product (GDP) to grow by 6.6 percent (6.6%) in 2014. This is coming on the heels of the first visit of Christine Lagarde, the Managing Director (MD) of the Fund to […]

ECB holds rates, assesses inflation ‘danger zone’

The European Central Bank left interest rates at a record low on Thursday, holding off fresh action for now while it assesses whether it needs to respond to cost-of-living numbers weak enough to raise concerns about deflation. The decision to hold the main rate at 0.25 percent, which was widely […]