President Goodluck Jonathan has attributed the growing confidence in the banking sector to the reforms undertaken by the Central Bank of Nigeria. Jonathan said this at the inauguration of a new CBN building in Port Harcourt on Friday. He said the various reforms carried out by the apex bank within […]

The gap between the rich and the rest makes for short recoveries The public discussion about the widening gap between rich and poor hasn’t been this loud since the Great Depression. Warren Buffett has condemned the disparity, Occupy Wall Street has inveighed against it, President Barack Obama cites it to […]

Europe’s debt crisis continued expanding on Thursday when Spain paid record interest rates and was unable to raise as much money as it had hoped in a bond auction. The combination raised fears of what officials consider a doomsday scenario: a situation in which even governments that seemingly do the […]