World News

Lagarde confirms Greece has made €459m IMF loan payment

International Monetary Fund Managing Director Christine Lagarde has confirmed Greece made a crucial €459m payment to the fund today. “Yes, I’ve got my money back,” Ms Lagarde replied when asked at an Atlantic Council event whether Greece had made the payment. Earlier, a Greek finance ministry source had confirmed the […]

IFC plans up to $2 bln investment in Egyptian infrastructure, power

Thu Apr 9, 2015/Reuters The World Bank’s development arm plans to invest between $1.2 billion and $2 billion in Egypt over the next four years, including around the Suez Canal, its regional director told Reuters. The International Finance Corporation [IFK.UL] is looking at ports and logistics projects, Mouayed Makhlouf, the […]

DMO to sell N70bn bonds next week

The Debt Management Office will raise N70bn ($352m) in sovereign bonds with maturities ranging between five and 20 years on April 15, the DMO has said. In a notice, the debt office said it would issue N30bn in five-year bond and N20bn each in 10-year and 20-year notes at an […]