Lots of resources now tied up in the central bank, Capital releases made that are not spent —– Muhtar At the ongoing…
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News
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The development committee of the World Bank meeting held, and as the name goes, What dominated most of the Development committee meeting…
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FinanceNews
Global financial melt down no solution in sight, US investor loses $8.3trn, how safe is Nigeria foreign reserve.
By Omoh Gabriel Investors in stocks the United States of America have lost a total of $8.3trillion since the financial crisis that…
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By Omoh Gabriel Getting to meet Dr. Ngozi Okonjo-Iweala in Washington during the IMF/World Bank meeting was an herculean task. Even though…
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By Omoh Gabriel As the global cash crunch bit harder and claims more banks Finance ministers from leading industrialised nations have pledged…
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By Omoh Gabriel, Nigeria delegation to this year‚Äôs IMF/World Bank annual meeting has presented Nigeria worsening power supply problem to the Bank…
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FinanceNews
US Senate approves $700 billion financial rescue plan – revised bill includes increased bank insurance, tax breaks
By Omoh Gabriel The US Senate yesterday approved a revised $700 billion U.S. plan to stabilise the financial industry and kick-start credit,…
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By Omoh Gabriel Prices of crude oil, Nigeria‚Äô main stay yesterday dropped below earlier prediction as prices of Brent and light crude…
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FinanceNews
US Senate approves $700 billion financial rescue plan—- revised bill includes increased bank insurance, tax breaks
By Omoh Gabriel with agency rerports The US Senate yesterday approved a revised $700 billion U.S. plan to stabilise the financial industry…
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By Omoh Gabriel Last month the United States of America, the hub of capitalism and the high priest and chief advocate of…
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Guaranty Trust Bank Plc (GTBank), the bank of choice for Nigeria‚Äôs yuppie middleclass and upwardly mobile connoiseurs is embroiled in another mind-boggling…
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The National Identity Management Commission (nimc) has appointed the consortium of SageMetrics and Advanced Management Technologies Ltd. to conduct its Harmonisation Assessment…
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By Omoh Gabriel, Business Editor When on July 6,2004 the CBN Governor, Professor Charles Soludo announced a thirteen point reform agenda for…
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Foreign creditors have shunned Nigerian businessmen who have been making attempts to borrow from foreign banks as local interest rates hit the…
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The federal government 25th Development Loan has been put at N180 million and will be solely used for agriculture development. This is…