Fitch Ratings-London-10 April 2014: Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB-‘ and ‘BB’, respectively. The Outlooks are Stable. The issue ratings on Nigeria’s senior unsecured foreign and local currency bonds have also been affirmed at ‘BB-‘ and ‘BB’, respectively. The agency […]

IMF Survey April 10, 2014 Bold policy actions are needed to generate more rapid, sustainable growth Policymakers must act against background of rising geopolitical risks Results hinge on right policies by countries, right cooperation between them Global policymakers will have to overcome a trio of hurdles if the world economy […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) has said that despite the strengthening in global activities, recovery is uneven and remains too weak for comfort. Lagarde in her global policy agenda (GPA) presented semi-annually to the IMF and the financial committee […]