World News

Cottarelli of IMF Resigns for Position with Italian Government

By Peter OBIORA InvestAdvocate     Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said Carlo Cottarelli, its Director of the Fiscal Affairs Department has given a notice to resign for a position with the Italian Government.   According to the IMF, Cottarelli’s resignation will be with effect on October 22 […]

Wema Bank Announces N40 billion Fresh Capital

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Thursday announced it has raised N40 billion fresh capital following a special placing. The Bank in a Statement by Kemi Aina, Head, Brand & Marketing Communications and obtained by InvestAdvocate said a total of 26,667,123,333 Ordinary Shares of 50k each valued at […]

Managing the New Transitions in the Global Economy

An Address by Christine Lagarde Managing Director, International Monetary Fund George Washington University, Washington DC, October 3, 2013 As prepared for delivery Good morning. It is a real privilege to visit one of our closest neighbors. Let me thank President Knapp for graciously hosting me, as well as Gordon Gebert […]