The Central Bank of Nigeria says the external sector of the economy remains vulnerable to global shocks due to increased exposure to short-term capital, rising external debt and high demand pressure that have resulted in the depletion of the external reserves by 2.9 per cent. The CBN stated this in […]

May 14, 201 By Luc Laeven, Lev Ratnovski, and Hui Tong Large banks were at the center of the recent financial crisis. The public dismay at costly but necessary bailouts of “too-big-to-fail” banks has triggered an active debate on the optimal size and range of activities of banks. But this […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Foremost Nigerian oil marketing firm, Fort Oil Plc and pan- Africa lender Ecobank Transnational Incorporated Plc (ETI) has been included in the Morgan Stanley Capital International (MSCI) frontier market index. Morgan Stanley, one of world’s leading equity index providers announced last week that Forte Oil […]