By Victoria Howley and Emma Thomasson LONDON/ZURICH (Reuters) – Swiss bank UBS said a trader who had lost it around $2 billion in unauthorized deals had been arrested in London, where police were holding 31-year-old Kweku Adoboli. Adoboli — working as a director of exchange traded funds and Delta 1 […]
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ATM frauds drop by 90% – Sanusi
By Ifeanyi Onuba The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday, said the various reforms carried out by the apex bank had led to a decline of about 90 per cent in fraud committed through the use of Automated Teller Machine. Sanusi said this in […]
Inflation Remains at Single Digit in August
By Obinna Chima Inflation rate in Nigeria maintained its single-digit position in the month of August as it fell slightly to 9.3 per cent year-on-year, from the 9.4 per cent recorded in July. The latest Consumer Price Index (CPI), of the National Bureau of Statistics (NBS), made available to THISDAY […]

