World News

Jonathan Sacks Suleiman, Appoints Arase As Acting IGP

April 21, 2015/The Will President Goodluck Ebele Jonathan has relieved the Inspector-General of Police, Mr. Suleiman Abba of his appointment and duties with immediate effect, a presidency statement said Tuesday. President Jonathan has also appointed Deputy Inspector-General of Police, Mr. Solomon Arase as Acting Inspector-General of Police, also with immediate […]

Declining Oil Prices, Challenge to Africa’s Oil Exporting Economies-African Caucus/IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The African Caucus and world lender, the International Monetary Fund (IMF) said on Sunday the declining oil prices—while beneficial for the Africa’s oil importing countries—pose significant  challenges for the continent’s oil exporting economies, and will require prompt fiscal adjustment in those countries, as well as […]

Bulls Return to Nigerian Equities Market Gaining 0.21% to End Week

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The bulls returned on Friday to the Nigerian equities market recording a narrow gain of 0.50 percent to close at 35,005.42 points, representing a marginal 0.22 percent Week-on-Week ( w/w) appreciation and a gain of one (1) percent  Year-to-Date (Y-t-D). Cordros weekly market update say […]