Updates

Nigeria naira holds flat as central bank sells dollars

Friday June 24, 2016/Reuters Nigeria’s naira held steady at the close of trading on Friday as the central bank intervened for a fifth straight day with dollar sales to ease liquidity after it floated the currency earlier this week, traders said. The naira ended at 281 to the dollar, its […]

Nigerian Stocks Gain 4.79% Week-on-Week amid Global Stocks Decline on Brexit

  By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks on Friday ended the week on a positive note as the benchmark index and market capitalisation appreciated by 4.79 percent to close the week at  30,649.66 and N10.527 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception […]

Managing Multi-Objective Monetary Policy: From the Perspective of Transitioning Chinese Economy-ZHOU Xiaochuan

June 24, 2016/IMF There have been extensive discussions and reflections on central banking since the outbreak of the global financial crisis (GFC). Country circumstances differ, but there are also a number of issues with common interests. As China has the features of both a large transition economy and an emerging […]