FRIDAY, 02 JULY 2010 01:17    The Central Bank of Nigeria governor said on Thursday he saw no reason to raise interest rates, days before a monetary policy committee meeting, but said he was concerned about the risk of another asset bubble forming. Governor Lamido Sanusi also said four […]

  FRIDAY, 02 JULY 2010 01:15 BLESSING ANARO     Contrary to the belief that banks have returned to profitability after the financial crisis that brought more than half of them to the brink of collapse, experts say all that has happened in the first quarter of this year is a […]

    By Emele Onu with agency report, 07.02.2010    The Central Bank of Nigeria (CBN) has said the proposed Asset Management Corporation of Nigeria (AMCON) will clear $10 billion (about N1.5trillion) of bad loans from the banking system by the end of this year.     CBN Governor Sanusi […]