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Allex Otti

Appeal Court Declares Diamond Bank’s Ex-MD Alex Otti Governor-Elect of Abia State

By InvestAdvocate Lagos (INVESTADVOCATE)-Alex Otti, former managing director (MD) of Diamond Bank Plc has been declared governor-elect of Abia State, South East Nigeria by the Court of Appeal,  according to… Read more »


Nigeria’s Inflation Rises 9.4% Year-on-Year in Nov’15

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation rate inched higher in November by 9.4 percent (year-on-year), marginally higher from 9.3 percent recorded in October 2015, according to the National Bureau… Read more »

Fitch Downgrades MTN to ‘BBB-‘; Outlook Stable

December 10, 2015/Fitch Ratings (This statement was made by the global Rating Agency on Thursday December, 10, 2015) Fitch Ratings-London-10 December 2015: Fitch Ratings has downgraded South Africa-based telecoms group… Read more »

IMF Adjusts Its Policy on Arrears to Official Creditors

IMF SurveyDecember 10, 2015 Changing official creditor landscape highlights need for IMF policy update New policy can provide IMF financing to sovereign debtors in arrears Reform will benefit creditors, debtors,… Read more »

$1bn SWF: States Get March 8 Date Against FG At Supreme Court

December 8, 2015/The Will Supreme Court has adjourned till March 8, 2016, the suit filed by the 36 states of Nigeria against the Federal Government over the dispute arising from… Read more »

World Bank Advises Buhari To Remove Subsidy Now That Global Oil Price Is Low

December 8, 2015/ The Will The World Bank has told President Muhammadu Buhari that the present moment when the price of crude oil is at its lowest level in the… Read more »

FG Breaks Up New PIB, Splits NNPC Into 2, Removes Contentious Areas For Easy Passage

December 7, 2015/ The Will The federal government has resolved to break up the Petroleum Industry Bill, PIB, which has lasted for years in the National Assembly without passage, replacing… Read more »

IMF’s Lagarde calls for ‘wise’ taxes to foster greener fuels

Mon Dec 7, 2015/Reuters International Monetary Fund chief Christine Lagarde called on Monday for tax reforms to be included in a global climate deal to raise incentives for consumers to… Read more »

Online Publishers Association of Nigeria Says Proposed Social Media Bill will Restrict Human Freedom

By InvestAdvocate Lagos (INVESTADVOCATE)-The Online Publishers Association of Nigeria (OPAN) has condemned the Social Media Bill being proposed by the Nigerian Senate. The bill which is titled “Bill for an… Read more »

The Price of Oil and the Price of Carbon

December 2, 2015/iMFdirect By Rabah Arezki and Maurice Obstfeld “The human influence on the climate system is clear and is evident from the increasing greenhouse gas concentrations in the atmosphere,… Read more »