Home Topics European Central Bank
European Central Bank
The International Monetary Fund (IMF) has approved the removal of the age limit for the position of IMF managing director, paving the way for Kristalina Georgieva to head the multilateral lender.
The safe-haven dollar and yen fell on Wednesday after global political worries eased with what markets perceived as positive news in Hong Kong, Italy and Britain.
Widespread adoption of Facebook’s proposed “Libra” cryptocurrency could harm the European Central Bank’s ability to manage the eurozone economy and threaten the euro itself, a top official said Monday.
A European Central Bank official has revealed that about 1.3 trillion euros ($1.44 trillion) worth of assets will be moved from London to the eurozone due to Brexit, according to document.
White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.
The Executive Board of the International Monetary Fund (IMF) has adopted an open, merit-based, and transparent process for the selection of the next managing director, the organisation has said.
Asian markets were in retreat Monday on dimming hopes for a deep interest rate cut by the US Federal Reserve, but all the firms on a new tech-focused board in China rallied on its opening day.
The EU wants to have an agreed European candidate to replace Christine Lagarde at the helm of the International Monetary Fund (IMF), a senior EU official on Monday said.
France is creating a G7 task force to ensure that transnational crypto currencies like Facebook’s Libra are regulated to protect the economy and the consumer.
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.
Emerging market stocks rose on Wednesday while developing world currencies broadly firmed against the dollar as investors counted on the U.S. Federal Reserve’s outlook later today to match their expectations of lowering U.S. borrowing costs.
Spain votes in local, regional and European Parliament elections on Sunday which will influence acting Prime Minister Pedro Sanchez’s talks to form a new government.
The dollar witnessed a slight boost on Monday, hovering close to a near three-month high as investors continued to favour the greenback amid global growth concerns.
Club Brugge coach Philippe Clement has back Nigerian U23 striker David Okereke to end goal drought when they face Anderlecht at Jan Breydel Stadium on Sunday.
The Federal Ministry of Agriculture and Rural Development (FMARD), Extension Department, has trained 10 extension workers on ginger production.
British-Nigerian rapper David Orobosa Omoregie, popularly known as Dave, has won the 2019 Mercury Prize for his album Psychodrama. The award has a cash prize of £25,000.
The Chairman, Academic Staff Union of Polytechnics (ASUP), Oyo State College of Agriculture and Technology, Igbo-Ora, Mr. Opadijo Olujide, along with Secretary of the Union, Gbenga Alayande, and three others have been kidnapped.
Ogun State governor, Dapo Abiodun, at his swearing-in ceremony, promised to improve the standard of education in the state and on Friday, the governor has suspended with immediate effect payment of N3 700 as PTA fee inherited by the past administration.
The Police Command in Sokoto State has confirmed the sudden death of Assistant Commissioner of Police (ACP) Sulaiman Zubairu on Sunday.
The Ministry of Foreign Affairs has dismissed allegations that its minister, Geoffrey Onyeama, refused to appear before the House of Representatives Committee on Foreign Affairs.
The viral video of a man who allegedly killed a lady in a hotel room in Port Harcourt is currently under investigation by the River State Police command.
Indications emerged on Monday that workers in the country may carry out their planned industrial action against the government over discrepancies in the National Minimum Wage implementation.
The manager to Nigerian reggae musician Majaek Fashek says that contrary to rumours, the artist is not in fact dead.