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Central banks warned of new crisis if exit left too late

  TUESDAY, 29 JUNE 2010 01:22                              Governments must slash budget deficits decisively and central banks should not wait too long to raise borrowing costs as side effects from measures prescribed to tackle the global recession may create the next crisis, the Bank for International Settlements said.The global […]

Reforms needed to boost Nigeria corp bond market – Sanusi

  TUESDAY, 29 JUNE 2010 01:25         Further reforms, including to pensions and insurance, are needed to enliven Nigeria’s corporate debt market, central bank Governor Sanusi Lamido Sanusi said on Monday.Only two Nigerian companies have issued bonds, one of which has now expired, meaning there is no established […]

Emerging markets to drive next decade growth

  TUESDAY, 29 JUNE 2010 01:27   Growth in the global economy in the coming decade will be driven by emerging markets, according to Stephen Jennings, the global CEO of Renaissance capital. Though growth in emerging markets has been good in the last twenty years, the next decade will even […]