Tag: InvestAdvocate

$20bn idle in Nigerians’ domiciliary accounts –CBN

March 4, 2016 By Sunday Aborisade The Central Bank of Nigeria on Thursday raised the alarm that about $20bn (N3.94tn) was lying idle in different domiciliary accounts of the citizens. The Deputy Governor, Financial System Surveillance, CBN, Dr. Joseph Nnana, stated this during a meeting of the Joint Appropriation Committees […]

Christine Lagarde IMF’s MD to Speak at MIT’s Compton Lecture Series March 4

By InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the managing director (MD) of the International Monetary Fund (IMF) will today March 4 speak at the MIT’s Compton lecture series. Her lecture is “Demographic Change and Economic Well-being: The Role of Fiscal Policy” and is part of MIT’s Compton Lecture Series, according to the IMF […]

AIG Nigeria Raises another $225 Million from Goldman Sachs, MTN, Rocket Internet

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian e-commerce firm, Africa Internet Group (AIG), said on Thursday it has raised further funding worth a total of 225 million euros ($245 million) from investors including Goldman Sachs, South African telecoms group MTN and Germany’s Rocket Internet, according to a Reuters report. The report says that […]