By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The United States (US), China and Russia are ranked as the top three Global Energy subsidizers. This is contained in a Subsidy paper titled “Energy Subsidy Reform: Lessons and Implications†by the International Monetary Fund (IMF) and made available to InvestAdvocate. The paper said in […]
Tag: US
Another S.E.C. Contender With Wall St. Ties
Even as Mary Jo White, President Obama’s choice to lead the Securities and Exchange Commission, faces concerns about her work in private practice, she may end up finding a deputy in a lawyer who has taken a similar path. Andrew J. Ceresney, who was Ms. White’s lieutenant as both a […]
Naira Strengthens to Week High on Oil Industry Month-End Supply
Nigeria’s naira gained for a second day, advancing to its strongest in a week as oil companies sold dollars to meet month-end local expenses. The currency of Africa’s biggest oil producer appreciated 0.4 percent to 157.35 per dollar, the strongest intraday level since Feb. 25, as of 11:21 a.m. in […]

