By InvestAdvocate Lagos (INVESTADVOCATE)- ALL ITEMS INDEX Index (CPI) which measures inflation rose by 7.7percent year-on-year. The moderation in year-on-year rates in February was as a result of higher year-on-year changes exhibited in February 2013. During this period, prices increased by 0.75 percent on a monthly basis (the second highest […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said it endorsed the Bank of Mozambique’s (BMs) commitment to keep money growth in check in 2014 which will help moderate the country’s rapid credit expansion in 2012-13 to a more prudent pace. This is part of discussions towards […]

The 70-year-old cousin of President Goodluck Jonathan, Chief Inengite Nitabai, was yesterday released by his abductors, after spending 17 days in captivity. His release was subsequent to the payment of a ransom, even though the police in the state claimed no money was paid. The chief was released at Ogboma, […]