Tag: financial crisis

South Africa’s Clover says will no longer invest in Nigeria

Wed Mar 2, 2016/Reuters South Africa’s Clover Industries will no longer invest in Nigeria due to a financial crisis there, the dairy products company said on Wednesday. “The current financial crisis experienced in Nigeria which is fuelled by the low oil price is a further cause of concern, thus the […]

Greece, Ireland, Portugal Got 90% of IMF’s Financing in 2013

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Three (3) Euro Area countries, Greece, Ireland and Portugal reported to be hit particularly hard by the global financial crisis got 90 percent (90%) of the International Monetary Fund’s (IMF’s) financing in 2013. This is contained in the Fund’s 2013 Annual Report: Promoting a More […]