Wed Nov 19, 2014/Reuters Nigeria’s 36 state governments requested to withdraw $2 billion from the country’s $4.11 billion oil savings account to complete projects and provide security ahead of February polls, Timothy Odaah, the chairman of the States’ Commissioners of Finance Forum, said on Wednesday. Revenues to be distributed to […]
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Growth: An Essential Part of a Cure for Unemployment
November 19, 2014 by iMFdirect By Davide Furceri and Prakash Loungani Unemployment is a global problem. If the unemployed formed their own country, it would be the fifth largest in the world. Of the nearly 200 million people around the world looking for work, half are in emerging markets and […]
Tiger Brands Profit Dips 22%, Writes Down $9.5 Million of Dangote Flour
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Tiger Brands Ltd said on Wednesday it full-year profit ended September 30, dipped 22 percent to 2.02 billion rand ($183 million) from N2.58 billion reported last year due largely to impairments relating to the group’s investment in Dangote Flour Mills (DFM) The South African consumer […]
