July 6, 2015/The Will President Muhammadu Buhari has approved an additional financial intervention for states as part of a three-pronged relief package that will help make the states liquid in order to pay wages, local newspapers reported on Monday. The additional bailout figure has been put at about N713.7 billion. […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Greece on Monday announced the appointment of Euclid Tsakalotos as new finance minister to replace Yanis Varoufakis who resigned early in the day. Reports say Tsakalotos 55 years is a  mild-tempered professor who studied at prestigious private London school St Paul’s and at Oxford University, […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) said on Monday the global lender is ready to assist Greece if requested. “The IMF has taken note of yesterday’s referendum held in Greece. We are monitoring the situation closely and stand ready to […]