Townhall speech by Christine Lagarde, Managing Director of the International Monetary Fund Algiers, Thursday, March 14 Introduction Governor, honorable participants. Bonjour. As-salaam ‘alaykum. I am delighted to be here this morning. Let me begin by thanking the Algerian government for inviting me to your spectacular country. I am also […]
World News
Nigerian Growth Will Spur Banks After Loan Clean-Up, S&P Says
Nigerian political stability and economic growth after a loan clean-up by a state company created to buy bad debt will spur expansion in the country’s banking industry this year, according to Standard & Poor’s. “Nigerian banks have good prospects in 2013 thanks to strong economic growth and currently broad political […]
External Reserves Edge Higher to $48.174 Billion
Nigeria’s external reserves edged higher to close at $48.174 billion on March 12, data obtained from the Central Bank of Nigeria (CBN) showed yesterday. THISDAY also learnt that at its current value, the foreign reserves derived primarily from proceeds of crude oil earnings have improved by 8.65 per cent or […]
