The recent global financial crisis has forced consumers, business, and voters to reconsider what are desirable features of a financial system. There is a feeling of unease with the dominance of very highly-leveraged institutions determined to maximize return on equity from quarter to quarter, focusing on high-volume own-account trading in […]
Tag: Global Financial Crisis
World Economy Still Fragile- World Bank Report
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Tuesday said four (4) years after the onset of the global financial crisis, the world economy remains fragile and growth in high-income countries is weak. This is contained in a Press Release on the Global Economic Prospects (GEP) Report by the World Bank […]
CBN relaxes measures introduced during global financial crisis
The Central Bank of Nigeria has begun to unwind measures introduced in the wake of the global financial crisis. The CBN in a circular last Friday issued a revised guideline to all Deposit Money Banks and discount houses on how to access the CBN lending windows and repurchase transactions. A […]
