February 17, 2015/Bloomberg Nigeria’s domestic debt will rise this year as Africa’s biggest economy borrows more to meet a shortfall in revenue caused by the plunge in the price of oil, its main export, Finance Minister Ngozi Okonjo-Iweala said. “‘Our income is still coming from a source that is not […]

Sun Feb 15, 2015/Reuters Deutsche Wohnen (DWNG.DE), Germany’s second-largest real estate group, plans to acquire Austrian peer Conwert (CONW.VI) in a deal that values the company at about 1 billion euros ($1.1 billion), it said on Sunday. The planned acquisition is the latest in a string of deals in Germany’s […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s inflation rose 8.2 percent (year-on-year), 0.2 percentages from 8.0 percent recorded in December. “All major Classification of Individual Consumption by Purpose (CIOCOP) divisions that contribute to the index increased during the period,” the National Bureau of Statistics (NBS) said on Monday. The […]