Moody’s Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings. “While Moody’s central scenario remains that the euro area will be preserved without further widespread defaults, even this ‘positive’ scenario carries very negative […]

The much anticipated transition to electronic Certificate of Occupancy by the Lagos State Government, which was initially scheduled to begin this month, will now commence in the first quarter of 2012. Our correspondent gathered that a test run of the new scheme had revealed some inherent challenges that might frustrate […]

ASO Savings and Loans Plc on Friday said that it would raise its capital to N10bn within the next six months. The move, according to the Managing Director of the bank, Mr. Hassan Usman, is in line with the directive given by the Central Bank of Nigeria for all Primary […]