Written by Samuel Ibiyemi and Gbola Subair, Abuja Tuesday, 06 July 2010   The Monetary Policy Committee has said that  the proposed salary increase for the civil servants had the tendency of increasing inflationary pressure on the economy, just as the apex bank said the declining external reserves posed […]

  Jul 6, 2010 By Innocent Anaba   Asaba— A Federal High Court, yesterday, awarded N15.4billion as special and punitive damages against Shell Petroleum Development Company of Nigeria Limited, SPDC, in favour of Ejama-Ebubu community in Tai Eleme Local Government Area of Rivers State for an oil spill that occurred […]

  TUESDAY, 06 JULY 2010 01:20         Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi, said on Monday negative growth in money supply and credit to the private sector remained key challenges inflation.Inflation, he said, remained a “real threat” due to an expected public sector pay rise […]