Updates

Albert Okumagba Arrested at SEC

By InvestAdvocate Lagos (INVESTADVOCATE)-Albert Okumagba, group managing director (GMD) of BGL Plc, was this morning arrested by the Securities and Exchange Commission to the Nigeria Police Force. This is coming on the heels alleged fraud involving Okumagba and the BGL Group in the Nigerian Capital Market (NCM). A source at […]

Clarification: President Gave no ‘Orders’ on Use of National ID Cards for 2019 Polls

December 9, 2016/Press Release Our attention has been drawn to some misleading newspaper reports today claiming that the President gave “orders” that national identity cards be used in the 2019 elections. For the avoidance of any doubt, the President has made no such order and the Vice President’s speech (delivered yesterday […]

Global House Prices: Time to Worry Again?

Culled—iMFdirect By Hites Ahir and Prakash Loungani During 2007-08, house prices in several countries collapsed, marking the onset of a global financial crisis. The IMF’s Global House Price Index, a simple average of real house prices for 57 countries, is now almost back to its level before the crisis (Chart 1). […]