By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said it has developed a draft template for countries to use for the collection of data on government revenues from natural resources, based on the revenue classifications of the Government Finance Statistics Manual 2001 (GFSM 2001). The IMF said […]
Capital Market
Bank Of England Raises 2014 GDP Forecast, Says ‘Won’t Take Risks With Economic Recovery’
Mark Carney has begun the inflation report. “The recovery has gained momentum,” Carney says. The first phase of forward guidance. The Monetary Policy Committee(MPC) set 7% unemployment rate threshold before even considering whether interest rates should be raise. “Forward guidance is working… uncertainty about interest rates has fallen,” Carney said. […]
Heineken sees return to revenue growth after weak 2013
* Sees organic revenue growth in 2014 after 0.1 pct rise in 2013 * 2013 net profit down 2.0 pct at 1.59 bln as expected * African improvement in Q4 * Shares up 3 pct, among strongest among European blue chips (Adds shares, margin, cost savings, CEO on Nigeria, Mexico) […]
