World News

Niger on track for solid growth despite commodity slump: IMF

Wed Mar 25, 2015/Reuters Niger is weathering a fall in the price of its key exports and remains on track to grow by an average of 5.6 percent over the next two years, the International Monetary Fund’s resident representative said on Wednesday. Uranium and refined oil accounted for roughly two-thirds […]

Nigeria Shuts Land, Sea Borders Before Presidential Election

March 25, 2015/Bloomberg Nigeria announced the closing of its land and sea borders at midnight Wednesday as its security forces prepare for presidential and legislative elections on March 28. Borders will remain shut until midnight Saturday “to allow for the peaceful conduct of the forthcoming national elections,” the Interior Ministry […]

IMF Approves $18 Million Facility to Malawi on Govts Promise to Fight Corruption

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) on Tuesday said it has approved $18 million facility to Malawi as the countries government has promised to fight corruption. According to the IMF, completing reviews of Malawian economy, the country’s authorities were committed to addressing weaknesses in public financial […]