World News

IMF Says Masood Ahmed, Director Middle East, Central Asia Department to Retire

  By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) said on Friday Masood Ahmed, director of the Middle East and Central Asia Department  from the Fund following the IMF-World Bank Annual Meetings in October 2016. “Masood has been a visionary leader of the department for the […]

Nigeria Moves to 169 in World Bank’s Doing Business 2016 Ranking

Monday, July 11 2016 12:22PM /FBNQuest Research Culled—–Proshare In the World Bank’s Doing Business 2016, Nigeria has moved up one place to 169 out of 189 countries.  This reflects badly on the largest economy in Africa and among the top 30 globally. Rather than query the findings, the FGN takes […]

IMF Names Tao Zhang as Deputy Managing Director Effective August 22

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF), on Friday announced her proposal to appoint Tao Zhang as deputy managing director (DMD) effective August 22, 2016. “Mr. Zhang is currently deputy governor of the People’s Bank of China (PBOC). He will succeed […]