World News

Obstacles on the path to effective cash-less policy

One year after the commencement of the cash-less policy in Lagos, stakeholders say the initiative is still faced with many problems, ADEMOLA ALAWIYE writes The cash-less policy started in Lagos on January 1, 2012, with the aim of promoting the use of electronic means of transactions and making the country […]

U.S. dollar trades above 86 yen, first time since August 2010

The U.S. dollar traded above 86 yen on Thursday for the first time since August 2010 on expectations that Japan’s new prime minister would push for policies to weaken the Japanese currency. Traders also cited option barriers being breached at the 86 yen level. The dollar rose as high as […]

IMF projects 5% Inflation Rate for Jordan 2012

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund Wednesday said Jordan’s Inflation Rate is expected to be around five percent (5.0%) for the year.   This is contained in a Press Statement by Kristina Kostial, the IMF Mission Chief for Jordan and made available to InvestAdvocate in Lagos Nigeria. […]