World News

World Bank Predicts Lower 2014 Growth for China, East Asia

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank has predicted a lower 2014 growth for China and East Asia but said the region will see stable economic growth this year, bolstered by a recovery in high-income economies and the market’s modest response so far to the Federal Reserve’s tapering of […]

APC Amuwo Odofin Ward A1 Election Disrupted

By Our Reporter Lagos (INVESTADVOCATE)-The ward congress elections of the All Progressive Congress (APC) at the Amuwo Odofin ward A1 was disrupted Saturday by people believed to be working for another faction of the party. The accreditation which was to be started at 8:00 am in the morning was fraught […]

AFDB Plans $200 Million Boost to Nigeria’s Power Risk Guarantees

The African Development Bank is in talks with Nigerian officials to boost the value of its partial-risk guarantee for power industry investments by $200 million this year. An agreement would see the amount from which eligible projects can benefit rise to $380 million from $180 million, Bocar Toure, senior energy […]