Tue Jan 27, 2015/Reuters International Monetary Fund head Christine Lagarde has warned that African economies could be hurt by a slowdown in China’s economy and an imminent hike in United States interest rates. Lagarde, speaking on Tuesday on a visit to Rwanda, said IMF’s global economic forecasts have been revised […]
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Petrol subsidy rises to N3.64 per litre
A week after the Federal Government announced the reduction of the pump price of petrol, subsidy on the product has increased to N3.64 from the N2.84 stated on January 16, 2015, statistics obtained from the Petroleum Products Pricing Regulatory Agency have shown. The PPPRA, whose website is now wearing a […]
IMF Reiterates Continuous Support for Greece-Lagarde
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, the managing director (MD) of the International Monetary Fund (IMF) on Monday reiterated the Fund’s continued support for Greece following the elections that have taken place in that country, the IMF said in a statement. “We stand ready to continue supporting Greece, […]

