The Federal Government is set to retire bonds amounting to N75 billion this week as it moves to jumpstart its strategic plan to tackle the nation’s huge domestic debt through a sinking fund. In the 2013 budget, the Federal Government had outlined a domestic debt management strategy that would enable […]
World News
IMF to Approve US$27.85 million Credit Facility for Guinea
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said it will support the Guinean economy growth with the second disbursement under the Extended Credit Facility (ECF) of SDR 18, 36 million (about US$27.85 million). This is contained in Press Statement from the Fund and made available […]
GLOBAL MARKETS-Yen slumps on BOJ report, eyes on Italy vote
* Yen hits fresh lows against dollar on BOJ report * Euro, Italian assets edge up ahead of election outcome * European shares extend recovery, up 0.2 pct * HSBC’s Chinese factory PMI falls in February The yen hit a 33-month low against the dollar on reports that a […]
