By Ademola Alawiye Monday, 22 Nov 2010 Oceanic Bank International Plc said on Friday that it had recovered N111.4bn from bad debts as at the end of the third quarter. A statement issued by the bank on Friday, said the bank had written back N14.8bn, while cumulative recoveries on September 30, […]

NEW YORK – Federal authorities are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars, The Wall Street Journal reported on Saturday, citing people familiar with the matter.   The three-year criminal and civil investigation could result in charges by the end of the year, […]

Sun Nov 21, 2010 BEIJING (Reuters) – China should tighten monetary policy to staunch liquidity, and more measures should follow next year, an advisor to the central bank said in remarks published late on Saturday. “We need to find ways to drain excessive liquidity, and adopt a suitably tightened and prudent monetary […]