Companies in major sectors of the Nigerian economy are in for a tougher year as Deposit Money Banks have started reducing lending to them by as much as 50 per cent, our correspondent has learnt. It was gathered that corporate customers in sectors that are likely to be affected by […]
Capital Market
Lagarde Names Carla Grasso for Appointment as DMD, CAO
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, managing director (MD) of the International Monetary Fund (IMF) on Tuesday named Carla Grasso for the appointment to the position of deputy managing director (DMD) and Chief Administrative Officer (CAO) of the Fund. According to the IMF, the role of CAO is new […]
Naoyuki Shinohara to Exit IMF Feb’28
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Naoyuki Shinohara, deputy managing director (DMD) at the International Monetary Fund (IMF) said on Wednesday he will leave the Fund February 28, an e-mailed statement from the IMF said. According to the IMF, Shinohara joined the Fund in March 2010, at the height of the […]
