World News

Headline Inflation to Remain at 8.64% in August

The National Bureau of Statistics (NBS) is expected to release the GDP numbers tomorrow and the headline inflation data for August 2013 on September 17, one week ahead of the MPC meeting this month. FDC is forecasting that headline inflation will remain unchanged at 8.64%. This will mean that the […]

Emerging market pain dominates G20 economy talks

Emerging and developed G20 powers struggled to find common ground on Thursday over the turmoil unleashed by the prospect of the United States reducing a flood of dollars to the world economy. The Group of 20, which united in response to global crisis in 2009, now faces a U.S. economy […]

IMF Appoints New Resident Representative to Cyprus

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said it has appointed Vincenzo Guzzo as new resident representative to Cyprus. According to the IMF, Guzzo will start his assignment in Nicosia on September 9, 2013. He is an Italian national, joined the IMF in 2009 and has […]