In Nigeria, as elsewhere, foreign exchange markets can be a barometer of internal strife, so when central bank governor Lamido Sanusi noticed a surge in dollar demand at forex bureaux in July, he feared something was amiss. The bank found tens of billions of naira was traded for dollars in […]
Tag: InvestAdvocate
Exclusive: Microsoft investors push for chairman Gates to step down
Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter. While Microsoft Chief Executive Steve Ballmer has been under pressure for years […]
Côte d’Ivoire Economic Growth to Exceed 8.5% in 2013-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday said Côte d’Ivoire’s economic growth is expected to exceed 8.5 percent (8.5%) in 2013 and inflation remaining moderate. This is coming on the heels of discussions on the IMF’s Article IV consultation and the fourth review […]
