By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top lender, Zenith Bank Plc on Wednesday approved the payment of N1.80 per share dividend to its shareholders at its 25th Annual General Meeting (AGM) held in Lagos. The board of directors of the Bank had earlier proposed a final dividend of N1.55 kobo per share […]
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Nigeria’s Buhari to sign loan deal from China during visit next week-spokesman
Wed Apr 6, 2016/Reuters By Felix Onuah and Ulf Laessing Nigerian President Muhammadu Buhari will sign a loan deal with China during a visit next week, his spokesman said on Wednesday, helping to finance badly-needed infrastructure projects. “I can’t tell you how much until the day the loan will be […]
IMF Executive Board Discusses the Adequacy of the Fund’s Precautionary Balances
April 6, 2016/IMF On February 19, 2016, the Executive Board of the International Monetary Fund (IMF) reviewed the adequacy of the Fund’s precautionary balances.[1] Precautionary balances are one element of the IMF’s multi-layered framework for managing financial risks. These balances, comprising the Fund’s general and special reserves[2] and the Special […]
