Tag: Peter Obiora InvestAdvocate

EC, IMF Contributes €20 Million to RTACs in ACP Regions

By Peter OBIORA InvestAdvocate   Lagos (INVESTADVOCATE)-The European Commission (EC) and the International Monetary Fund (IMF) Friday said they have signed €20 million contribution to the Regional Technical Assistance Centers in Africa, Caribbean and Pacific Regions.   According to Nemat Shafik, Deputy Managing Director (DMD) at the IMF, on October […]

Nigeria’s Central Bank Retains Rate at 12%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Central Bank Tuesday retained its Interest Rate at 12 percent (12%) as part of the decisions taken at its Communiqué No. 91 of the Monetary Policy Committee (MPC) Meeting of Monday and Tuesday September 23 and 24, 2013. At the MPC meeting, it took […]

Euro Area, Spain Make List of IMF Economies with Economic Imbalances

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) have named Euro Area and Spain as countries newly identified given relatively large fiscal and external imbalances that are likely to persist or emerge over the medium term in the wake of the crisis. This is contained in an update […]