By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday approved €3.24 billion or US$4.3 billion Extended Fund Facility (EFF) arrangement for Greece. IMF said its Executive Board completed the first and second reviews of Greece’s economic performance under a program supported by a four-year (4) Extended Fund […]
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DMO to sell N360bn bonds in Q1
The Debt Management Office on Wednesday said that it planned to raise between N210 and N360bn in sovereign bonds from five years to 20 years in the first quarter of 2013. It said in a statement that the amount being proposed was higher than its 2012 fourth quarter debt issuance […]
World Economy Still Fragile- World Bank Report
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Tuesday said four (4) years after the onset of the global financial crisis, the world economy remains fragile and growth in high-income countries is weak. This is contained in a Press Release on the Global Economic Prospects (GEP) Report by the World Bank […]
