World News

Nigeria’s GDP Declines 5.94% in Q4 2014-NBS

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The National Bureau of Statistics (NBS) on Sunday said the Nigerian economy grew 5.94 percent Year-on-Year (Y-o-Y) on an aggregate basis in the fourth quarter (Q4) of 2014, a decrease of 0.28 percent from the 6.23 percent recorded in the third quarter of the year, […]

IMF Policy Advisory Committee Names Agustin Carstens New Chairman

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The members of the International Monetary and Financial Committee (IMFC), the policy advisory committee of the International Monetary Fund (IMF), have selected Agustín Carstens, governor of Banco de México, as chairman of the committee for a term of three (3) years, effective March 23, 2015. […]

Wall Street dips, investors seek clarity on Greece deal

Fri Feb 20, 2015/Reuters U.S. stocks fell on Friday, with the Nasdaq set to break a seven-session streak of gains, amid ongoing uncertainty over negotiations for a debt deal in Greece. In a positive sign, the new prime minister of Greece said he was certain that euro zone finance ministers […]