Speech By Naoyuki Shinohara Deputy Managing Director, International Monetary Fund Tokyo, January 23, 2014 As Prepared for Delivery Good morning. It is my great pleasure to be here today to open this seminar on unconventional monetary policy. I would like to thank the government of Japan for its generosity in […]
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Nigeria’s Sanusi Says Independence Is Successor’s Main Issue
Central Bank of Nigeria Governor Lamido Sanusi said his successor’s main challenge will be to maintain the independence of the institution and any undermining of that may hurt the economy. “If anyone tampered with it, the markets would punish the economy,” Sanusi said in an interview with Bloomberg TV Africa […]
75% CRR: Banks to cut jobs, operating costs
Less than 24 hours after the Monetary Policy Committee of the Central Bank of Nigeria announced the increase in the Cash Reserve Requirement on all public sector deposits to 75 per cent, indications have emerged that Deposit Money Banks are already considering job cuts and massive reduction in other operating […]