The worst of Europe’s debt crisis is over in the eyes of most international investors, a shift in sentiment reflected by increased demand for the region’s financial assets. Fifty-seven percent of the investors, analysts and traders who are Bloomberg subscribers said in a poll conducted last week that Europe’s bond […]
World News
Nigerian President Wants Diaspora Bond Tripled to $300 Million
Nigerian President Goodluck Jonathan asked lawmakers to raise the ceiling for the country’s diaspora bond to $300 million from $100 million because he anticipates higher subscriber interest than initially thought. “There is an indication that the $100 million could be inadequate relative to the demand expected from investors for the […]
UPDATE 2-CBN Retains Rate at 12% for 14th Time, Ups CRR to 75%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%) consecutively for the fourteenth time following its Monetary Policy Committee (MPC) held January 20-21 2013 in Abuja Nigeria. However, the public sector cash reserve requirement (CRR) was tightened to […]
