We study the behavior of Covered Interest Parity (CIP) deviations – aka the CIP basis - in Emerging Markets (EM). A major challenge in computing the CIP basis in EM’s lies in measuring local currency ...
The Federal Capital Territory Administration (FCTA) has vowed to aggressively pursue its revenue drive to ensure the completion of key infrastructure projects across Abuja, Barr. Nyesom Wike has said.