By martin khor The turmoil of currency decline and capital flight in several developing countries continued, and a re-look into capital controls, Malaysian-style, may be worthwhile. AS the Year of the Horse was ushered in amid Chinese New Year celebrations last week, economic uncertainties continued. The turmoil of currency and […]
Capital Market
Sterling Bank introduces new business initiatives
Press Release *shortlists 50 qualified contestants Sterling Bank Plc has resolved to invest in new business initiatives and nurture them to become viable Small and Medium Enterprises (SMEs) as part of efforts to facilitate real growth in the Nigerian economy. The bank said small businesses remain the catalyst for real […]
CBN Awards N9.5bn Contract to Bankrupt Firm
Apex bank defends contract award Dermalog, the company which the Central Bank of Nigeria (CBN) gave the nod to install a biometric payment system for Nigerian banks is bankrupt, investigations have revealed. The German firm went into voluntary liquidation in 2012 and was technically broke at home (in Europe) at […]
