MONDAY, 12 JULY 2010  FROM MATHIAS OKWE, ABUJA      The Federal Government has flagged-off the tracking of all foreign loans secured by it. The move is to ensure that the credit facilities are channelled to purposes they were meant for, to achieve value for money.Currently, an estimated $4.23 billion […]

  MONDAY, 12 JULY   Crude oil declined, reversing earlier gains as the dollar advanced against the euro and the pound, making the commodity more expensive for European investors.Crude remains headed for a weekly gain as higher equities in Asia and Europe bolster optimism that fuel demand may increase. The […]

  MONDAY, 12 JULY 2010   Emerging Africa Infrastructure Fund (EAIF), has increased its funding capacity to $600 million, following the signing of a new credit line with the International Finance Corporation, African Development Bank and the Austrian Development Bank.   This is the third occasion on which EAIF has […]