20 September 2010   High Street banks have not been passing on base rate cuts in full to household borrowers, a report has found.The interest rate charged on some loans has risen, the article in the Bank of England’s quarterly bulletin found.   Much of the divergence was due […]

  By Udeme Ekwere  Tuesday, 21 Sep 2010       First Funds Limited, a subsidiary of First Bank of Nigeria Plc, has invested N600m in an operating and finance lease company, VT Leasing Limited.A statement from VT Leasing on Monday noted that the equity investment was announced at a partnership […]

  By Emeka Ezekiel, Abuja Tuesday, 21 Sep 2010     The Central Bank of Nigeria has released N70.74bn from the N200bn Commercial Agriculture Credit Fund to Deposit Money Banks across the country.The CBN Governor, Mr. Lamido Sanusi, who disclosed this at the fourth Enterprise Exhibition Investment Trade Mission in Abuja, […]