By Emele Onu and Goddy Egene, 10.31.2010    Nigerian banks may be compelled to stop operations in The Gambia as opportunities and revenue thin down, exacerbated by rising competition and negative impact of the global meltdown.    At the end of the 2009 financial year, the country’s banking industry comprising […]

By Agency Reporter Monday, 1 Nov 2010 ONE of Japan‘s richest men has labelled Australia‘s $43bn National Broadband Network “a stupid waste of taxpayers‘money.” Masayoshi Son, who heads Japanese internet and mobile giant Softbank and counts Apple‘s Steve Jobs and Microsoft‘s Bill Gates among his friends, attacked the Gillard government‘s signature […]

By Agency Reporter Monday, 1 Nov 2010 The Bank of England‘s preferred measure of broad money supply picked up in September, but remained well below its long-term trend, highlighting the continuing hurdles to recovery in the United Kingdom economy. Analysts said although unexpectedly strong UK Gross Domestic Product figures have reduced […]