World News

CBN Kicks off Financial Inclusion in Borno State

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) will Friday February 15 2013 kick off its Financial Inclusion strategy in Maiduguri Borno State, North Eastern Nigeria. This is coming on the heels of the Committee’s meeting held in Abuja Nigeria on Wednesday February 13 2013. Ahmed Kuru, […]

IMF endorse Single Supervisory Mechanism for Euro Area Banking Union

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) has endorsed a Single Supervisory Mechanism (SSM) for Euro Area Banking Union. This is contained in an IMF Staff Discussion Note “A Banking Union for the Euro Area” released February 2013 and made available to www.investadvocateng.com. In discussing […]

Tanzania seeks US$ 114 Million IMF’s Credit

By Our Correspondent Lagos INVESTADVOCATE)-Tanzania Tuesday said its seeking to draw US$114 Million Standby Credit Facility (SCF) of the International Monetary Funds (IMF).   This is contained in a Press Release from the IMF and made available to www.investadvocateng.com in Lagos Nigeria. “The Tanzanian authorities have informed the International Monetary […]