By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Executive Board of the International Monetary Fund (IMF) has endorsed stress tests for Euro Zone Banks to assess the potential capital needs of the banking sector, complemented with a clear strategy for addressing capital shortfalls. This is coming on the heels of the IMF’s […]
Capital Market
The Times They are a-Changing: will (fiscal) history repeat itself?
Carlo Cottarelli, Director of Fiscal Affairs Department, IMF Recent political and social unrest in some emerging and developing countries may have idiosyncratic features. But they also have a common denominator: a yearning for more equality in incomes, economic self-determination, and political power. Are these developments in seemingly unrelated emerging economies […]
Keystone Bank implements new workers appraisal system
Keystone Bank Limited has implemented a performance-based appraisal system that seeks to reward hardworking workers and disengage those whose performance falls below the satisfactory level. The performance model, according to a statement from the Head of Corporate Communication, Mohammed Ciroma, has led to the promotion of 1,000 staff members. This […]
