Two weeks after his confirmation by the Senate, Mr. Adebayo Adekola Adelabu formally assumed his new role as the Deputy Governor of the Central Bank of Nigeria (CBN) on Wednesday, April 9, 2014. Mr. Adebayo, who was accompanied to the Bank by his aides, was welcomed by the Deputy Governor, […]

IMF Survey April 9, 2014 Advanced economies healing, financial stability risks remain Emerging markets adjusting, corporates vulnerable to shocks Policymakers should finish repair of banks, corporates in euro area Over the past six months, financial stability has broadly improved in advanced economies and has deteriorated in emerging economies, according to […]

The Chief Executive Officer, Financial Derivatives Company Limited, a Nigeria-based research and financial advisory firm, Mr. Bismarck Rewane, has said recent developments in the global and local economies will force foreign portfolio investors to move more capital out of the country. As a result, he said the nation’s external reserves […]