World News

Nigeria records 4.3% drop in external trade – NBS

The National Bureau of Statistics has said the country recorded a decline of 4.3 per cent in external trade in the 2012 fiscal period. The Bureau, in its fourth quarter 2012 trade statistics report released on Monday in Abuja, specifically said external trade dropped from N29.33tn in 2011 to N28.07tn […]

Libya’s Economic Growth exceeds 100% in 2012-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said Libya’s economic growth in year 2012 exceeded 100 percent (100%), reflecting a strong recovery from its collapse during the revolution.   This is contained in a Press Release from the IMF and made available to InvestAdvocate.   The IMF’s […]

Economic Activities in Ireland Weak-Lagarde

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Friday in Dublin said economic activities in Ireland are still weak; but said the IMF expects Ireland’s growth to exceed that of most European Union (EU) countries in 2013.   This is coming on […]