World News

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 […]