European Union leaderstook a big stride towards establishing a single banking supervisor for the euro zone, agreeing it would enter into force next year, opening the way for the bloc’s rescue fund to inject capital directly into ailing banks. European Council President Herman Van Rompuy said the 27 leaders agreed […]
More News
Nigeria issues 75 bln naira in bonds, yields up slightly
Nigeria sold 75 billion naira ($476.10 million) worth of 5-, 7- and 10-year sovereign bonds maturing in 2017, 2019 and 2022 at an auction on Wednesday, with yields inching up by just more than 70 basis points. Nigeria, sub-Saharan Africa’s second biggest bond market was included in the JP Morgan’s […]
Nigeria inflation eases to 11.3 pct yr-yr in Sept – stats bureau
Nigeria’s consumer inflation eased for the third straight month to 11.3 percent year-on-year in September, down from 11.7 percent year-on-year in August, the National Bureau of Statistics (NBS) said on Wednesday. Food inflation, the largest contributor to the headline index, rose slightly to 10.2 percent year-on-year in September, from 9.9 […]
