July 3, 2023/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) has concluded its Review of Alternatives to USD Libor (Review), which assessed the extent to which four benchmarks developed as potential substitutes for USD LIBOR – two credit sensitive rates (CSRs) and two Term SOFR rates – […]
World News
Bloomberg Rates Aliko Dangote Richest Man in Africa with $15.6Bn
…Emerges the only Nigerian among six Africans in the top 500 Index June 29, 2023/Dangote Group President of Dangote Group, Aliko Dangote remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Bloomberg in its daily top billionaire lists, released on Tuesday, revealed that Dangote […]
Financial Stability and Economic Developments
June 29, 2023/US Federal Reserve Chair Jerome H. Powell Watch Live Today I will briefly discuss the current economic situation and the stresses that emerged in the U.S. banking system earlier this year. I will then turn to the evolution of the financial system since the Great Recession and conclude […]
