The World Bank Group has predicted that remittance flow to developing countries will rise 7.8 per cent to $436 billion in 2014 from the 2013 volume of $404 billion. This forecast is contained in the bank’s latest issue of the Migration and Development brief released at the weekend in Washington […]

Do you remember when monetary policy was boring? It was a bit like walking up and down a staircase, step by step, 25 basis points at a time, each step anticipated by markets. Saying you were a central banker at a dinner party was a conversation killer.   But the […]

The nation’s oil revenue fell by 19.8 per cent in January 2014 compared to the corresponding period last year, according to the latest statistics from the Central Bank of Nigeria. While attributing the fall to the decline in receipts from petroleum profit tax and royalties, the CBN indicated that oil […]