Don't panic, Nigerian governor says, as bank shake-out looms

Breaking the central bankers' taboo on use of the 'p-word', Nigeria's Godwin Emefiele is urging people not to panic about the banking system, saying he is on top of any trouble resulting from the worst crisis in Africa's biggest economy for decades. For now, depositors and investors are generally giving the Central Bank of Nigeria Governor the benefit of the doubt after he shored up mid-tier lender Skye Bank this month with a loan and replaced its management when its capital fell below levels r...