The Central Bank of Nigeria (CBN) has said that its vision is to be a model for central bank around the world by 2015. The Governor of CBN, Mr. Lamido Sanusi, who disclosed this at the Udo Udoma & Belo-Osagie (UUBO) 30th anniversary lecture, titled: “What Next” said “I remember […]
Author: InvestAdvocate
Nigeria central bank confident it can defend naira after intervention
Nigeria’s central bank intervened to stabilise the naira on Thursday, deputy governor Sarah Alade told Reuters, after the currency fell to an all-time intraday low of 167 to the dollar. She added that, with $42 billion of reserves, she was confident the bank would be able to maintain the currency […]
Lagarde Meets King Abdullah II of Jordan
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF), Thursday met with King Abdullah II in Washington D.C. The IMF said the meeting was an opportunity to discuss recent global, regional, and domestic economic developments, including the toll taken by the Syrian conflict, and […]
