World News

IMF Cuts US 2015 Growth Forecast to 2.5%, Says Economy Bouncing Back

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, The International Monetary Fund (IMF) has cut its growth forecast for the US economy to 2.5 percent from 3.1 percent and said the economy is bouncing back. According to the IMF, despite a slowdown in growth during the first few months of 2015, […]

5 Money Tips for International Travel

July 7, 2015/MasterCard Driving to work this morning I noticed the traffic was lighter than normal.  Unsurprising as we’ve just celebrated Fourth of July weekend in the U.S. and many people have scheduled their vacations for this time.  But whether summer or winter is your favorite time of year to […]

Nigeria to Share $1.8 Billion LNG Revenues to Cover Debt

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria will share $1.8 billion of Liquefied Natural Gas (LNG) revenues, according to a Reuters report. The report says the largesse would be shared between the federal, state and local governments to cover a growing backlog of debt, Reuters quoted the finance ministry as saying late on […]