Nigerian bank stocks, trading at a discount to emerging-market lenders, will probably extend their gains to 42 per cent this year as they boost capital and finance oil and power projects, Vetiva Capital Management Limited has said. The analysts said the gauge for Nigerian banks had gained 34 per cent […]
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Policy Steps Toward a Full-Speed Global Economy
By Christine Lagarde Managing Director, International Monetary Fund Brookings Institution, Washington DC, June 4, 2013 Introduction Good afternoon. It is always a pleasure to come to Brookings, one of the most influential research institutions in this country. Let me thank the members of the Board and the […]
First Bank shuts operations Thursday, reopens Monday
Customers of First Bank Limited may find it difficult to carry out some banking transactions from Thursday to Monday due to the decision to shut down the bank’s branches nationwide during the period. The shutdown, according to the bank, is to enable it upgrade its core banking application from Finacle […]
