December 20, 2016/iMFdirect By Maurice Obstfeld After a year marked by financial turbulence, political surprises, and unsteady growth in many parts of the world, the Fed’s decision this month to raise interest rates for just the second time in a decade is a healthy symptom that the recovery of the […]

December 19, 2016/CBN The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has been elected as the chairman of the International Islamic Liquidity Management Corporation (IILM) on Thursday, December 15, 2016 in Jakarta, Indonesia. In a press release, the CBN’s Acting Director, Corporate Communications, Mr. Isaac Okorafor says that […]

December 14, 2016/AfDB The Board of Directors of the African Development Bank has approved the institution’s borrowing program for 2017, for an amount of UA 6.2 billion (equivalent to USD 8.4 billion) to be raised from capital markets. One of the main objectives of the program is to raise resources […]