World News

World Bank Group Unveils $16 Billion Africa Climate Business Plan

November 24, 2015/World Bank The World Bank Group today unveiled a new plan that calls for $16 billion in funding to help African people and countries adapt to climate change and build up the continent’s resilience to climate shocks. Titled Accelerating Climate-Resilient and Low-Carbon Development, the Africa Climate Business Plan […]

CBN Cuts Interest Rate to 11% from 13%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Tuesday cut the benchmark interest rate from 13 percent to 11 percent 200 basis points at the end of monetary policy committee meeting (MPC) 247th held November 23 and November 24, 2015. Also, the MPC cut the cash […]

Doing Business 2016: Measuring Regulatory Quality and Efficiency

October 27, 2015/World Bank Doing Business Report Finds More than 60% of World’s Economies Improved Their Business Rules in Past Year Developing economies quickened the pace of their business reforms during the last 12 months to make it easier for local businesses to start and operate, says the World Bank […]