January, 1, 2012   NewsRescue- Joining Guinea, Cameroon, Ghana and Chad, Nigeria on New Years day removed fuel subsidies in accordance with an order from the IMF (International Monetary Fund). This created a jump in the price of automobile fuel from about 55 Naira per liter to 140Naira per liter […]

Members of the Bankers’ Committee that meet bi-monthly to discuss the state of affairs in the industry recently converged at Calabar, for the third edition of their annual retreat.  Chairman of the Bankers’ Committee and Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, argued in his […]

Yahoo Inc named PayPal President Scott Thompson as its chief executive on Wednesday, hoping the well-regarded Internet technology and e-commerce expert will replicate his success at eBay Inc and turn around the struggling company. Thompson, credited with driving growth at eBay’s online payments division PayPal, joins Yahoo during a period […]