By InvestAdvocate Lagos (INVESTADVOCATE)-There are indications that Bank Customers are making panic withdrawals ahead of the planned nationwide strike by the Nigerian Labour Congress (NLC) and Civil Society Groups to protest the January 01 2012 removal of fuel subsidy by President Goodluck Jonathan led Federal Government. www.investadvocateng.com visited a couple […]

The euro is likely to survive 2012 despite the debt crisis in the euro currency zone, International Monetary Fund Managing Director Christine Lagarde said on Friday. European leaders will hold another summit this month to try to resolve the crisis which threatens the survival of the single currency 10 years […]

Nigeria’s interbank lending rates dropped further this week to an average of 13.50 percent from 14.08 percent last week as liquidity supported transactions, despite the central bank embarking on an aggressive mop-up.  Dealers said the market opened trading with a cash balance of about 290.64 billion naira ($1.82 billion), compared […]