By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Singapore has emerged the largest investor in Africa amongst the Association of Southeast Asian Nations (ASEAN), according to the latest United Nations’ World Investment Report 2013 released on Wednesday. The report said Singapore-Africa trade has increased, reaching US$11.1 billion in 2013, achieving a strong CAGR […]
World News
External reserves fall by $11.3bn
Punch, June 02, 2014 by Oyetunji Abioye The nation’s external reserves have fallen by $11.3bn from $48.4bn in May last year to $37.1bn as of May 27 this year, representing a 23.3 per cent drop. The foreign reserves also declined by 2.62 per cent month-on-month to $37.14bn as of May […]
Great Expectations as Emefiele’s Tenure Begins
The Nigerian financial industry will enter a new phase this week as both local and international economic communities await the inauguration of the new Central Bank of Nigeria Governor, Mr. Godwin Emefiele, whose tenure as managing director/chief executive of Zenith Bank Plc ended effectively last Friday, reports Festus Akanbi It […]

