Euro falls against dollar as euro zone economy shrinks in the fourth quarter Signs that the recession is deepening in the 17 countries that use the euro pushed the currency lower against the dollar Thursday. The euro fell to $1.3346 in late trading Thursday from $1.3450 late Wednesday. Eurostat, the […]
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CBN Kicks off Financial Inclusion in Borno State
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) will Friday February 15 2013 kick off its Financial Inclusion strategy in Maiduguri Borno State, North Eastern Nigeria. This is coming on the heels of the Committee’s meeting held in Abuja Nigeria on Wednesday February 13 2013. Ahmed Kuru, […]
IMF endorse Single Supervisory Mechanism for Euro Area Banking Union
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) has endorsed a Single Supervisory Mechanism (SSM) for Euro Area Banking Union. This is contained in an IMF Staff Discussion Note “A Banking Union for the Euro Area†released February 2013 and made available to www.investadvocateng.com. In discussing […]
