By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Aliko Dangote again has emerged Africa’s richest person alongside other Nigerian tycoons leading Africa’s 50 richest to top South Africa, according to the latest report released by Forbes, American business magazine. The latest report says for the first time in the four (4) years that […]
World News
Nigerian Sovereign Wealth Fund Not Huge Enough for Withdrawal-Orji
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Sovereign wealth fund (SWF) is not large enough for withdrawal, a Bloomberg report quoted Uche Orji, managing director/chief executive officer (MD/CEO) of Nigeria Sovereign Investment Authority (NSIA). The report quoted Orji in an interview with Bloomberg Television at the Global Financial Markets Forum […]
Fitch: Ghana IMF Deal No Guarantee of Fiscal Sustainability
(This statement was made by Fitch Ratings on February 27, 2015) The announcement of a staff level agreement on an IMF deal for Ghana should ease short-term government and external financing pressures, but sticking to the programme, which includes ambitious fiscal consolidation targets, will be challenging ahead of elections in […]

