By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday endorsed Kenya’s economic reforms for the last three (3) years. This is coming on the heels of the Fund’s mission led by Domenico Fanizza to conduct the sixth and last review under the three-year Extended Credit Facility […]
World News
Côte d’Ivoire Economic Growth to Exceed 8.5% in 2013-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday said Côte d’Ivoire’s economic growth is expected to exceed 8.5 percent (8.5%) in 2013 and inflation remaining moderate. This is coming on the heels of discussions on the IMF’s Article IV consultation and the fourth review […]
CBN Sold $2.8bn to Stabilise Naira in Septemb
Despite the pressure faced by the naira at other segments of the forex market in September, the traditional intervention of the Central Bank of Nigeria (CBN) at its regulated Wholesale Dutch Auction System (WDAS) during the month helped to stabilise the naira. However, from today, the WDAS will no longer […]
