World News

IMF says sub-Saharan Africa faces heightened risk of capital outflows

Investment in infrastructure and natural resources will continue to underpin economic activity in sub-Saharan Africa, although capital outflows sparked by tighter global financial conditions pose a risk to growth, the IMF said on Thursday. Inflation looks set to remain contained in most countries, it said. “The main downside risk to […]

IMF Launches Statistical Center in GCC Countries

Press Release The statistical community in the Middle East received an important boost last week with the launch of a statistical center for the countries of the Gulf Cooperation Council (GCC) in Muscat, Sultanate of Oman.. GCC-Stat was established on April 8 by the GCC to serve as the official […]

DMO to sell N50bn bond

The Debt Management Office on Thursday said it would sell bonds worth N50bn. The bonds comprise N25bn of three-year paper and N25bn in the 10-year paper. This is contained in the DMO March 2014 FGN bond offer circular, posted on the company’s website. The circular indicated that the bonds would […]