Over the past decade, a quiet revolution has occurred in the country’s capital market. John McCarthy reports.
World
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High hopes for a better future
April 2, 2007Economic growth continues but so do political tensions. Much of Nigeria’s future depends on the outcome of the next presidential elections and the continuation of wide-ranging reforms, writes John McCarthy.
Taking the initiative
April 2, 2007Chukwuma Soludo, governor of the Central Bank of Nigeria, tells James Eedes of a bold plan to raise $1bn for his brainchild – the Africa Financing Corporation.
A legacy worth fighting for
April 2, 2007Economic reform is transforming Nigeria, not least in the banking sector, but will the programme survive a change of government? Neil Tyler reports.
‘Fair’ penalties could threaten free banking
April 2, 2007If British banks are forced to cut the penalties they charge on current accounts, there is a danger that they will make up the shortfall elsewhere, writes Michael Imeson.
Russia bids for a slice of the outsourcing action
April 2, 2007Of the BRIC countries, India and China have been the driving forces on the outsourcing front. Now Russia – with its smaller, highly qualified team model – is stepping into the fray. Dan Barnes reports.
Big hitters reach out to the unbanked
April 2, 2007Unbanked and underbanked populations of the world are in the sights of companies developing mobile-based banking services. Wendy Atkins reports on the latest services to be launched.
Takaful
April 2, 2007Islamic-compliant insurance – takaful – is finally getting off the mark, with Moody’s predicting a global market worth $7bn by 2015. Farhan Bokhari, in Karachi, reports.
Promise in Pakistan
April 2, 2007If Pakistan successfully launches an Islamic-compliant treasury bond, it will lift the growth potential of the country’s embryonic Islamic banking sector. Farhan Bokhari reports from Karachi.
Short on skills
April 2, 2007Islamic finance institutions in the GCC are hoping that, as more specialised courses in Islamic finance come on stream, the gap between the number of people qualified in Islamic finance and job vacancies will narrow. Lucia Dore reports.