World News

IMF Projects Growth in Sub-Saharan Africa to 6% in 2014 despite Ebola, Insecurity Threat

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) projected its growth in sub-Saharan Africa to six percent (6%) in 2014 from five percent (5%) in 2013, amidst the Ebola threat and widening insecurity, according to its latest regional economic outlook ‘’Saharan Africa Keeping the Pace’’ October 2014. The […]

Jonathan Launches N1.5 Billion Tony Elumelu Nigeria Empowerment Fund

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-President Goodluck Jonathan on Thursday launched the N1.5 billion The Tony Elumelu Nigeria Empowerment Fund created out of the N2.5 billion donated by The Elumelu Foundation and Heirs Holdings companies for the purpose of revitalising the economies of post conflict and disaster communities across Nigeria. […]

Nigeria’s Inflation Rate Eases to 8.3 Percent Year-on-Year

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s headline inflation rate declined 8.3 percent Year-on-Year (YoY) in September indicating a 20 basis point (BPS) 0.2 percent drop compared with 8.5 percent recorded in August, according to the latest consumer price index (CPI) report by the National Bureau of Statistics (NBS). NBS say […]