World News

MPC Meeting Underway amidst Oil Prices Decline

By InvestAdvocate Lagos (INVESTADVOCATE)-The 241st Monetary Policy Committee (MPC) meeting is underway in Abuja Nigeria amidst oil prices decline. The slump in the prices of crude oil in the international market may have led to a reduction in the 2015 allocation to states and local governments from N3.969 trillion in […]

President Jonathan Proposes to Cut Half Fuel Subsidy in 2015

  By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-President Goodluck Jonathan has proposed to cut half  fuel subsidy in order to reduce spending after a drop in oil prices, according to a report by Bloomberg. The report affirmed that Nigeria’s government plans to reduce fuel subsidies next year to N458.6 billion from […]

Digital and Financial Inclusion Fuel Payment Innovation in LAC

Janet Rivera-Hernandez | November 19, 2014 | Industry News, Insights & Research   On Wednesday November 19th, 2014, MasterCard kicked off its annual MasterCard Latin America and Caribbean (LAC) Payment Innovation Forum titled the Payments (R)evolution. More than 300 financial institution officials and other key payment industry players joined MasterCard […]