Tag: Economic Growth

Financial Inclusion: Heritage Bank ED Says Financial Literacy Linked to Economic Growth

By InvestAdvocate Lagos (INVESTADVOCATE)-Financial literacy has been described as a strong catalyst to financial inclusion and wealth creation that will aid the nation’s economic growth, Mary Akpobome, executive director (ED), Heritage Bank Limited said in her opening remarks, at the Financial Literacy Day Programme  organised by the bank at the […]

Nigeria’s GDP Slows to 2.11% in Q4 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Gross Domestic Product (GDP) slowed to 2.11 percent year-on-year (YoY) in real terms lower by 3.83 percent from growth recorded in the corresponding quarter of 2014, the Nigerian Bureau of Statistics (NBS) said on Tuesday. “Quarter on quarter, real GDP increased by 3.10 percent,” […]

IMF Says Ready to Lend Nigeria, Azerbaijan

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the managing director (MD) of the International Monetary Fund (IMF) on Thursday said the global lender is ready to loan Nigeria and Azerbaijan if the request is made. “The IMF remains available to all its members; so the moment we are asked to […]