Following the increase of the Cash Reserve Requirement on public sector deposits from 50 per cent to 75 per cent last week by the Monetary Policy Committee, the Central Bank of Nigeria will on February 4 withdraw an estimated sum of N1tn from the Deposit Money Banks when the policy […]
Author: InvestAdvocate
Update on the Outlook for Global Financial Stability —José Viñals
“Transitions” are still looming large The global financial system continues to face several major transitions along the road towards greater financial stability[1]. Over the past three months, key financial systems have moved further along the right path, but they have yet to arrive at their destinations. For example: The process […]
Nigerian authorities free opposition deputy leader on bail
Nigeria’s State Security Service (SSS) on Tuesday freed the deputy head of the main opposition coalition on bail, a day after he was detained over comments he is reported to have made warning of violence in next year’s presidential polls. Nasir el-Rufai was quoted in daily ThisDay last Thursday as […]
