World News

DMO to sell N360bn bonds in Q1

The Debt Management Office on Wednesday said that it planned to raise between N210 and N360bn in sovereign bonds from five years to 20 years in the first quarter of 2013. It said in a statement that the amount being proposed was higher than its 2012 fourth quarter debt issuance […]

World Economy Still Fragile- World Bank Report

Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Tuesday said four (4) years after the onset of the global financial crisis, the world economy remains fragile and growth in high-income countries is weak. This is contained in a Press Release on the Global Economic Prospects (GEP) Report by the World Bank […]

CBN, economists disagree over monetary policies

The Central Bank of Nigeria and some renowned economists on Monday disagreed over the monetary instruments being used by the authority to manage the economy. While the CBN maintained the economy was on the right track, the economists pointed out that there was the need to reverse some of the […]