By Peter OBIORA InvestAdvocate Uyo (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said the Nigerian economy is expected to grow at seven percent (7%) and has insisted that Asset Management Corporation of Nigeria (AMCON) should be phased out gradually. This is coming on the heels of the conclusion of the Fund’s […]
Tag: Nigeria
We need to hold our leaders accountable —CBN
The Deputy Governor, Corporate Services, Central Bank of Nigeria, Mr. Suleiman Barau, on Tuesday stated that the macro-economic indices of the economy showed that the country was on the right course to attaining significant growth and development. He, however, said that a lot of improvement still needed to be done […]
Nigeria’s Oando delays deal for ConocoPhillips’ assets
Nigeria’s Oando said on Monday that it has delayed the completion of its $1.79 billion deal to buy Conocophillips’ Nigerian assets by two months to January. Oando has been aggressively seeking equity and bank loan funding to secure funds for the deal’s completion. Source: Reuters
