World News

Brent falls over 1 percent after Goldman forecasts lower prices

Tue Apr 7, 2015/Reuters Brent crude fell more than 1 percent on Tuesday, paring overnight gains of nearly 6 percent, after Goldman Sachs (GS.N) said prices needed to remain low for months to achieve a slowdown in U.S. output growth. Benchmark prices had surged on Monday as traders pushed back […]

Greece to Repay IMF Loan April 09-Lagarde

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) said on Sunday Greece has made commitment to repay its loan owed to the global lender this week.   Greece is expected to repay an IMF instalment of  €460 Million on April 09, amid […]

IMF Approves $918 Million Facility for Ghana

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) on Friday approved $918 million facility for Ghana aimed at restoring debt sustainability, economic growth and job creation, and said it will  immediately disburse114.8 million. The deal will help the government of Ghana check inflation reduce, budget deficit and restore […]