World News

Competition forces banks to reduce charges

Reprieve seems to have come for bank customers as competition among the banks is driving down the cost of running accounts, ADEMOLA ALAWIYE writes. Dr.  Thomas Abah is a long-standing customer of one of the Deposit Money Banks located on Oba Akran Avenue in Ikeja, Lagos. He had gone to […]

World Bank asks Nigeria to end extreme poverty

The World Bank has asked Nigeria and other developing nations across the globe to muster the political will to end extreme poverty by the year 2030. The Development Committee of the bank, which rose from its meeting on Saturday, called for the replenishment of the International Development Association Fund, the […]

IMF Announce US$1.75 Billion Arrangement with Tunisia

By Our Correspondent Lagos (INVESTADVOCATE)- The International Monetary Fund (IMF),  Friday announced a Two-Year US$1.75 billion Stand-By Arrangement (SBA) with Tunisia.   According to Lagarde, the amount of US$1.75 billion is 400 percent (400%) of Tunisia‘s quota in the IMF. “This agreement will be subject to approval by the IMF’s […]