Author: InvestAdvocate

MFBs look offshore to beef up capital

  WEDNESDAY, 30 JUNE 2010 01:09  HOPE MOSES-ASHIKE     Following the liquidity crisis that has crippled operations of microfinance banks (MFBs) in the country, operators are looking offshore to beef up their capital. This formed part of the recently released 10-point plan to revitalise the sector by the national executive […]

Inter-bank rates stay low as N60bn maturities hit market

    WEDNESDAY,30 JUNE 2010 01:10 BLESSING ANARO     Although the capital market is currently on a three-month low in its All Share Index (ASI), there are indications that the money market will continue to enjoy impressive performance with N60 billion of various maturities hitting the market this week. This […]

Making 2010 Budget Count

    By Emele Onu, 06.29.2010    It can be argued indefinitely whether an economically backward nation can develop politically. Many scholars, especially the realists will insist that it is almost impossible to develop strong political institutions, when the economy that provides a means for survival for the people is […]