By Camelia Minoiu and Sanjay Sharma May 28, 2014 Network perspective sees financial institutions as interrelated economic agents Interconnectedness in financial system part of the problem in the financial crisis Data gaps hinder translation of network analysis into policy With financial markets around the world so interconnected, the analysis of […]

Guaranty Trust Bank Plc says it has been named the ‘2014 African Bank of the Year’ for the second consecutive time by the African Banker magazine. The bank was given the award in Kigali, Rwanda. A statement by the bank on Friday said the African Banker Award was held to […]

The naira traded flat against the dollar as the United States currency sales by two oil companies helped to ease the pressure of demand for the greenback, dealers said. The naira closed at N162.45 to the dollar, according to Reuters. The Nigerian units of Chevron sold $43m to lenders and […]