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Buhari Appoints Baru As New GMD, NNPC, Approves New Board Of Directors

July 4, 2016/The Will President Muhammadu Buhari has approved the appointment of a new Group Managing Director (GMD) for the Nigerian National Petroleum Corporation (NNPC). He is Dr. Maikanti Kacalla Baru. He replaces Dr. Ibe Kachikwu who until today (Monday) occupied the position and doubled as Minister of State for […]

Asian stocks recoup losses, Aussie wobbles on uncertain election

Mon Jul 4, 2016/Reuters By Lisa Twaronite TOKYO (Reuters) – Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election. Activity across much of the region was subdued ahead of the U.S. Independence […]

IMF Says Portugal’s Economy Slowed 0.9% in 2016 Q1

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) said Thursday that real GDP growth fell to 0.9 percent (year-on-year) in the first quarter of 2016 and is projected at 1.0 percent for the year as a whole. According to the Fund’s latest Article IV consultation 2016, while private […]