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FGN bonds hit N3.5tn in 2011 – Report

The value of Federal Government bonds listed in the Nigerian capital market hit N3.54tn at the end of year 2011. This information was contained in a document posted on the website of the Nigerian Stock Exchange on Monday. The amount, which represented the total sum borrowed by the FGN to […]

Egypt asks IMF for $3.2 billion in support

Egypt has asked the International Monetary Fund for $3.2 billion in support, a government minister said on Monday, as the country’s interim cabinet seeks to fill a budget gap pushed wider by almost a year of political and economic turmoil. The previous army-backed government turned down an offer of $3 […]

Breaking News:Nigeria’s Labour Union Suspends Strike

By InvestAdvocate Lagos (INVESTADVOCATE)- There are indications that the Nigerian Labour Congress (NLC)and Trade Union Congress (TUC) has suspended the Nationwide strike on the removal of fuel subsidy according to information reaching www.investadvocateng.com in Lagos Nigeria. This is coming on Nigerian labour’s Union  scheduled meeting at 1pm today Monday to […]