After failing to save during an oil boom in the last five years, Nigeria is now in a fix as falling oil prices takes a heavy toll on the economy, OYETUNJI ABIOYE writes Nigeria is on the verge of a major economic crisis and may be thrown into a perplexing […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) –The International Monetary Fund (IMF) last Thursday named Mitsuhiro Furusawa as deputy managing director, Christine Lagarde, managing director of the Fund said in statement. Lagarde said Furusawa, who has most recently served the government of Japan as special advisor to the prime minister and […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) on Friday affirmed that pan-African lender, Ecobank is in the right direction following an equity capital increase to meet regulatory capital requirements in Nigeria and prompt address of other concerns. “The report contained a reference to the governance of Ecobank […]