Substandard Tyres: SON DG Gives Dealers 24-Hour Ultimatum

By Barnabas Esiet Lagos (INVESTADVOCATE)-Paul Angya, the acting director general of Standard Organisation of Nigeria (SON) on Tuesday issued a 24-hour ultimatum to dealers to destroy every fake tyre in their stock or face prosecution. Angya who gave the ultimatum at a stakeholder’s forum in Lagos said the era of […]

Nigeria’s Inflation Rises to 11.4% in February 2016

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s inflation rose to 11.4 percent in February 2016, as the Consumer Price Index (CPI) which measures inflation recorded a significant uptick and soaring to a Three-Year High, according to the National Bureau of Statistics (NBS) latest report. Africa’s largest oil producer’s inflation rate […]

AfDB Executive Directors conclude visit to Malawi

March 15, 2016/AfDB A team of nine African Development Bank Executive Directors visited Malawi from March 6 to 11, 2016 on a high-level consultation and dialogue mission. During their visit, the Executive Directors met with President Arthur Peter Mutharika, Finance Minister Goodall Gondwe, Cabinet Ministers, Reserve Bank Governor Charles Chuka, […]