NIGERIA has been ranked 120th out of a total of 177 in the latest Index of Economic Freedom survey conducted by the Wall Street Journal and the Heritage Foundation. Published annually, the index examines economic freedoms across the developing world and in the 2013 edition, after a slight improvement in […]
Tag: Nigeria
Banks to boost funding of agricultural sector
Deposit Money Banks in the country have pledged to increase financing for the agricultural sector, in a move considered to be a major step in ensuring the sustainable development of the sector. The banks made the commitment through the Bankers’ Committee’s Sub-Committee on Economic Development – at a special meeting […]
Nigeria’s Inflation Rate to drop to Single Digit 9.24% in 2013
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Inflation Rate is expected to drop to a single digit figure of 9.24 percent (9.24%) in year 2013. This is contained in a Presentation Friday titled “Monetary Policy and Economic Growth 2012 Outcomes and Prospects in 2013†by Bismarck Rewane Managing Director (MD), Financial […]
