[ad_1] ABUJA: Nigeria’s government plans to raise nine trillion naira (US$11.98bil) of debt to help fund next year’s budget, says Ben Akabueze, the head of the West African nation’s budget…
Tag: centralbank
Mid-size bank mergers should be encouraged – Bank of Italy
[ad_1] ROME (Reuters) – Mergers among Italian mid-size lenders should be encouraged to boost profitability in the sector, Bank of Italy Director General Salvatore Rossi said on Tuesday. Italy’s banking…
Country Garden delays key vote on private bond
[ad_1] EMBATTLED Chinese developer Country Garden is delaying a deadline for creditors to vote on whether to postpone payments for an onshore private bond, according to a document seen by…
Never Underestimate Central-Bank Groupthink
[ad_1] Markets believe monetary policy will chart different paths across Western countries, but central banks could be reluctant to diverge too much: Getting it wrong is less costly if others…
Central-Bank Action Finally Cooling Global Economy, Data Indicate
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ECB likely to keep boosting interest rates, Belgian central-bank chief says
[ad_1] FRANKFURT/BRUSSELS, March 18 (Reuters) – The ECB is likely to keep raising interest rates as a repeat of the 2008 financial crisis is unlikely with European banks subject to…