Feb 05, 2015/Bloomberg Nigeria will probably remain in JPMorgan Chase & Co.’s local-currency emerging-market bond indexes tracked by over $200 billion of funds, according to the central bank governor. “The main issue was liquidity and we are convinced that liquidity has come up to the level they desire,” Governor Godwin […]

 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, Ecobank Transnational Incorporated (ETI) on Thursday faulted a recent International Monetary Fund (IMF) report entitled “Pan –African Banks-Opportunities and Challenges for Cross-Border Oversight” The report says that fast growth and poor corporate governance at Ecobank raises concerns, and that Ecobank Nigeria’s “relatively weak […]

A further devaluation of the naira is very likely if the price of oil in the international market drops below $40 per barrel, a new report has stated. The development may also force the Central Bank of Nigeria to raise the benchmark interest rate by a 100 basis point from […]