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Global economy on recovery path, risks remain: IMF chief

The global economy has stepped back from the brink of danger and signs of stabilization are emerging from the euro zone and the United States, but high debt levels in developed markets and rising oil prices are key risks ahead, the IMF said on Sunday. “The global economy may be […]

CBN sells $1.85bn forex in February

The Central Bank of Nigeria sold a total amount of $1.847bn foreign exchange at the Wholesale Dutch Auction System in February, compared to $1.919bn recorded in January. The figure, according to the latest data on the CBN’s website, represents a decline of 3.75 per cent from the January figures. The […]

N44m bribe: EFCC, ICPC to investigate DG SEC, committee chair

The Economic and Financial Crimes Commission and the Independent Corrupt Practices and other related offences Commission on Friday accepted the open invitation of the House Committee on Capital Market and other Institutions to probe the N44m bribe allegation made against it by the Director-General of the Securities and Exchange Commission, […]