Tag: IMF

Nigeria’s Economy to grow by 7% in 2014 As IMF Insist on AMCON Wind down

By Peter OBIORA InvestAdvocate Uyo (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said the Nigerian economy is expected to grow at seven percent (7%) and has insisted that Asset Management Corporation of Nigeria (AMCON) should be phased out gradually. This is coming on the heels of the conclusion of the Fund’s […]

IMF Reports 7.9% Rise in Total Inward Direct Investment

By Peter OBIORA InvestAdvocate Uyo (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday reported a 7.9 percent (7.9%) rise in total inward direct investment from $24.1 trillion in 2011 to $26.0 trillion in 2012. According to a Coordinated Direct Investment Survey (CDIS), the Fund’s worldwide survey of bilateral direct investment positions, the […]

Lagarde Visits Cambodia, Korea, Myanmar

Press Release   Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit Phnom Penh, Cambodia, on December 2-3, and Seoul, Korea, on December 4-5, followed by Nay Pyi Taw and Yangon, Myanmar, on December 6-7. She will meet with heads of state and senior officials, as […]