World News Subscribe to World News

Stepping up the Fight Against Money Laundering and Terrorist Financing

Culled—-IMFBlog By Christine Lagarde Corrupt officials, tax cheats, and the financial backers of terrorism have one thing in common: they often exploit vulnerabilities in financial systems to facilitate their crimes…. Read more »

IMF Executive Board Approves Proposal for a New Policy Coordination Instrument

July 26, 2017/IMF On July 14, 2017 the Executive Board of the International Monetary Fund (IMF) approved the establishment of a new non-financing Policy Coordination Instrument (PCI) to further strengthen… Read more »

IMF Says Global Growth on Track, Downgrades UK, US Growth

By Peter OBIORA InvestAdvocate Click here to read full World Economic Outlook Update, July 2017 Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) on Monday said global growth projection remains on track… Read more »

Non-oil Revenue Already Below Budget

Culled—Proshare July 12, 2017/FBNQuest Research We return today to the paucity of non-oil revenue collection. CBN data show flows into the federation account in February of N252bn, which were 49%… Read more »

World Bank Says Private Sector Infrastructure Investment Commitments in Developing Countries Fell 37% in 2016

By Peter OBIORA InvestAdvocate Click here to download Private Participation in Infrastructure Data Base Lagos (INVESTADVOCATE)-The World Bank on Monday said investment commitments in infrastructure projects with private participation in… Read more »

Fitch: Medium Term Growth Potential Still Below 2% in Advanced Economies

June 30, 2017/Fitch Ratings Fitch Ratings-London-30 June 2017: Recent improvements in the near-term growth outlook for the advanced economies are not expected to be sustained over the medium-term, says Fitch… Read more »