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Nigerian debt market.
Living standards are set to decrease further, with the number of Africans in poverty projected to rise for the first time in two decades. Current debt relief initiatives look…
Nigerian banking innovations.
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DOI: 10.1108/OXAN-DB245962
ISSN: 2633-304X
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Topical
Concerns over the implications of a new Banking Amendment Act on the sector's profitability have precipitated falls in Kenyan banking stocks. Nevertheless, improved lender…
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DOI: 10.1108/OXAN-DB213963
ISSN: 2633-304X
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Geographic
Topical
Dollarisation in Africa.
Emefiele has vowed that the CBN will significantly increase financial inclusion, recapitalise banks and help the economy achieve double-digit growth over his second term. However…
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DOI: 10.1108/OXAN-DB244823
ISSN: 2633-304X
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The first policy loosening in more than six years highlights government concerns about the challenging outlook for bank lending. The plunge in global oil prices and sharp…
Nevertheless, it represents a 43% depreciation since June 20, when the CBN abandoned its pegged rate of 197 naira to the dollar. The decision follows the first GDP contraction in…
Prospects for emerging economies to end-2016.
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DOI: 10.1108/OXAN-DB211741
ISSN: 2633-304X
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Geographic
Topical
This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…