A former Governor of the Central Bank of Nigeria, Dr. Paul Ogwuma, has cautioned the National Assembly against diminishing the autonomy of the bank saying such a move is capable of introducing “partisan political consideration into monetary policy making.†Ogwuma, who was the governor, CBN, between 1993 and 1999, pointed […]
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World Bank Reports $4.9 Trillion External Debts for developing Countries in 2011 end
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Friday said the combined stock of developing countries’ External Debt increased by $464 billion to $4.9 trillion at end 2011. This is contained in a Press Release by the Bank and obtained by InvestAdvocate. The World Bank said Net External Debt Inflows […]
IMF Rally Support Arab World on Islamic Banking, Sukuk Market
By Peter OBIORA InvestAdcocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) has rallied support the Arab World on Islamic Banking by orgnanising a Regional Workshop on building an enabling environment for Islamic Banking and development of the Government Sukuk Market. This is contained a Statement Thursday from the IMF and made […]
