PRESS DIGEST- Financial Times - Jan 19
Jan 19 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
LONDON Oct 3 Nigeria needs to coordinate its fiscal and monetary policy more closely, African Development Bank President Akinwumi Adesina said on Monday.
"I think the naira is devalued, but...monetary policy and also the fiscal policy that synchronisation, that is very very important," Adesina said during a panel discussion at the FT Africa Summit in London.
"There is a lot of pressure put on the naira." (Reporting by Karin Strohecker and Ulf Laessing; Editing by Jon Boyle)
* Paul Hilal in final stages of working out agreement with outgoing Canadian Pacific CEO Harrison to team up for activist stake in CSX Corp- source Further company coverage:
TOKYO, Jan 19 The dollar inched up against the yen and kept broad gains against other major peers early on Tuesday, after rebounding sharply overnight on comments by Federal Reserve Janet Yellen suggesting U.S interest rates could be raised quickly this year.