World News

Christine Lagarde on IMF Review of SDR Basket of Currencies

November 13, 2015/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) issued the following statement today:   “The staff of the IMF has today issued a paper to the Executive Board on the quinquennial review of the SDR. A key focus of the Board review is whether […]

Kemi Adeosun Named Nigeria’s Finance Minister

By InvestAdvocate Lagos (INVESTADVOCATE)-Kemi Adeosun, former banker has been named Nigerian finance minister as President Muhammadu Buhari assigned portfolios to his ministerial nominees. Adeosun a former managing director of Chapel Hill Denham, a Lagos based investment bank has been the finance commissioner for Ogun State since 2011. According to news24.com, […]

NEXIM Says N7.17 Bn Disbursed So Far, Partners World Bank on Development of Nigeria’s Mining Sector

By InvestAdvocate Lagos (INVESTADVOCATE) – Nigerian Export-Import Bank (NEXIM Bank) on Wednesday said it has so far provided support to the tune of N7.17 billion as it has planned to partner the World Bank to develop the Nigerian mining sector. Roberts Ungwaga Orya, managing director (MD) of the bank said […]