By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The multilateral development banks (MDBs) and the International Monetary Fund (IMF) said on Friday it plans to extend more than $400 billion in financing over the next three (3) years needed to meet the historic challenge of achieving the Sustainable Development Goals (SDGs). IMF has […]
World News
IMF Affirms Slower Growth Rate in Emerging Markets, Projects 3.3% in 2015
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) on Thursday projected global growth at 3.3 percent in 2015, marginally lower than in 2014 with a gradual pickup in advanced economies and a slowdown in emerging market and developing economies, while in 2016, growth is expected to strengthen to […]
Nigeria government agrees to pay outstanding subsidy on oil products: trade body
Wed Jul 8, 2015/Reuters The Nigerian government agreed on Wednesday to pay outstanding subsidy related debt to oil product importers, a trade body spokesman said. Nigeria subsidises gasoline and must import the bulk of the 40 million liters a day that it consumes owing to a neglected refining system. Fuel […]
