By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday advised France to phase out regulated interest rates. Executive Directors of the IMF gave this advice at the conclusion of 2013 Article IV Consultation with France. Apart from phasing out regulated interest rates, the directors advised France to remove […]
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FG to invest $2.9tn in infrastructure stock
The Federal Government has said it will invest $2.9tn in its infrastructure stock as part of plans to address the infrastructure deficit in the country. The Minister of State for Finance, Dr. Yerima Ngama, said this in Lagos on Monday at an infrastructure roundtable organised by the Securities and Exchange […]
CBN guarantees N25bn agric loans through NIRSAL
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, introduced July last year, has guaranteed N25bn of agricultural loans, latest data from the Central Bank of Nigeria has shown. This has effectively lifted lending to the sector to four per cent of banks’ total loans, from the average of 1.5 […]
