World News

AMCON to sell Zenon, Acorn, Aquitaine assets

A total of 32 petroleum product storage tanks worth several billions of naira have been put up for sale by the Asset Management Corporation of Nigeria, the agency created by the Federal Government to absorb bad loans from Deposit Money Banks’ books after the 2009 banking crisis. AMCON, in a […]

Online Publishers Association of Nigeria Set to Inaugurate

November 9, 2015/OPAN This group believes that the patient wait for a more opportune time is now and that Nigeria is set to launch an association to appropriate this ideals and open its doors to discerning online “publishers” and “corporate entities” who desire to make an impact to online publishing […]

Bad Debt in Emerging Markets: Still Early Days

November 9, 2015 by iMFdirect by John Caparusso, Yingyuan Chen, Evan Papageorgiou and Shamir Tanna Emerging markets have had a great run. The fifteen largest emerging market economies grew by 48% from 2009 to 2014, a period when the Group of Twenty economies collectively expanded by 6%. How did emerging […]