Geoffrey Okamoto, First Deputy Managing Director, IMF China Development Forum (session V venue I) March 20. 2021/IMF Dear Director-General Yu, thank you very much for inviting me to speak at this year’s China Development Forum. The topic of the country’s role in the “New Journey of Modernization” is an important one […]
Updates
Nigeria’s Debts Stock Hits N32.92 Trillion in FY 2020; Inflation Rises to 17.33% in Feb. 2021
March 19, 2021/Cowry Asset In the just concluded week, total debt figure released by the Debt Management Office (DMO) showed that Nigeria’s total public debt stock surged by 20.12% to N32.92 trillion as at December 2020 (from N27.40 trillion as at December 2019). The increase in the country’s total debt […]
Temporary supplementary leverage ratio changes to expire as scheduled
March 19, 2021/US Federal Reserve The federal bank regulatory agencies today announced that the temporary change to the supplementary leverage ratio, or SLR, for depository institutions issued on May 15, 2020, will expire as scheduled on March 31, 2021. The temporary change was made to provide flexibility for depository institutions […]
