By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Executive Board of the International Monetary Fund (IMF) has endorsed stress tests for Euro Zone Banks to assess the potential capital needs of the banking sector, complemented with a clear strategy for addressing capital shortfalls. This is coming on the heels of the IMF’s […]
Author: InvestAdvocate
50% CRR: Analysts disagree with CBN
Financial analysts have disagreed with the Central Bank of Nigeria over the imposition of 50 per cent Cash Reserves Requirement on all government deposits with commercial banks. They said the introduction of such additional instrument by the Monetary Policy Committee, which ended a two-day meeting in Abuja on Tuesday, would […]
Privatised firms: FG to sell stake through IPOs
The Federal Government will eventually sell its shares in privatised firms through Initial Public Offering, the Bureau of Public Enterprises has said. The Director-General, BPE, Mr. Benjamin Dikki, said this when he visited the Nigerian Stock Exchange on Wednesday. According to him, the plan is part of the government’s efforts […]
