March 22, 2016/IMF The International Monetary Fund (IMF) has released today the prepublication version of the Monetary and Financial Statistics Manual and Compilation Guide, providing updated guidance for the compilation, reporting, and dissemination of monetary and financial statistics (MFS). The Manual addresses the need for accurate, comprehensive, and reliable monetary […]
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Fidelity Bank Raises N30 Billion for MSMEs, Foresees Growth in Non-Oil Sector
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Fidelity Bank Plc said on Tuesday it has raised N30 billion to support the Micro, Small and Medium Enterprises (MSMEs) and foresees an imminent growth in non-oil export, according to Nnamdi Okonkwo, managing director/chief executive officer of the Bank. Okonkwo affirmed that the […]
Moody’s: Oil slump hurts states and provinces from Nigeria to Russia, Mexico to Canada
Global Credit Research – 22 Mar 2016/Moody’s Investors Service The sustained fall in oil prices is hurting not only sovereign borrowers worldwide, but also state governments, says Moody’s Investors Service. However, sub-sovereign reliance on oil varies wildly among countries. In an analysis oil-dependent sub-sovereign borrowers, Moody’s looked at states and […]
