By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-National Bureau of Statistics (NBS) on Tuesday projected the Nigerian economy is likely to grow 6.21 percent according to forecast by the statistics office. NBS report said the 6.21 percent would be faster than growth last year, which was revised down to 5.5 percent last week. […]

By InvestAdvocateLagos (INVESTADVOCATE)-Murtala Nyako, governor of Adamawa State, North East Nigeria on Tuesday afternoon was impeached by the State House of Assembly after it considered the report of a 7-man panel constituted to investigate charges of financial impropriety against him and his deputy, Bala Ngilari. Ngilari tendered his resignation just […]

  Standard & Poor’s expects to rate a number of Nigerian banks this year and is talking to some Kenyan banks and companies about future credit ratings, its managing director for sub-Saharan Africa said on Monday.   Borrowers across the continent are looking to tap international capital markets following successful […]