07.02.2010    Nigeria’s external reserves dropped by about $900 million this week.The reserves, which opened the week at about $38 billion fell to $37.17 billion yesterday. The reserves, which ended 2009 at $42.40 billion had peaked at $64 billion in August 2008 during the oil boom when the price […]

  By Emele Onu, 07.02.2010   A business, crime and corruption survey in Nigeria, conducted by Economic and Financial Crimes Commission (EFCC) in partnership with the United Nations Office on Drugs and Crime (UNODC) revealed that for more than 70 per cent of Nigerian businesses, crime and corruption constitute the […]

    By July 1, 2010 02:12AM   The federal government has continued to borrow from the primary market in a bid to raise funds and also to check inflation. The Debt Management Office (DMO) last week raised a total of N228.36 billion in three, 10 and 20 year bonds. […]