By Peter OBIORA InvestAdvocate New York (INVESTADVOCATE)-Arunma Oteh, immediate past director general (DG) of the Nigeria’s Securities and Exchange Commission (SEC) on Friday was appointed vice president and treasurer of the World Bank. Oteh in her new role at the World Bank will manage and lead a large and diverse […]
World News
Household Financial Access and Risk Sharing in Nigeria
July 22, 2015/IMF By Stacy Carlson, Era Dabla-Norris, Mika Saito, and Yu Shi Poverty in Nigeria remains high. Despite non-oil- and consumption-led growth, the country trails Sub-Saharan Africa (SSA) peers in reducing poverty. Estimates suggest that the poverty rate declined slightly from 35.2 percent in 2009/10 to 33.1 percent in […]
Ghana Revises 2015 GDP, Fiscal Deficit to 7.3%
By InvestAdvocate Lagos (INVESTADVOCATE)-Ghana on Tuesday said it has revised its 2015 budget deficit target to 7.3 percent of gross domestic product (GDP) from 6.5 percent previously, according to a Reuters report quoting Seth Terkper, finance minister. The report also disclosed the country cut its economic growth estimate to 3.5 […]
