By NIKE POPOOLA Mr. Femi Asenuga is the managing director and chief executive officer of Mutual Benefits Life Assurance Limited, a subsidiary of Mutual Benefits Assurance Plc. He tells NIKE POPOOLA how to address the challenges confronting major life insurance policies in the country What are the features of […]

Bank of America’s income falls 39 percent on mortgage troubles; lending losses improve Pallavi Gogoi, AP Business Writer NEW YORK (AP) — Bank of America Corp. is still trying to shake off troubles arising from mortgages written during the housing bubble. Higher fees from battling lawsuits and costs related to […]

World finance officials pledge greater cooperation to deal with new threats to global economy Martin Crutsinger and Harry Dunphy, Associated Press WASHINGTON (AP) — World financial officials are promising increased cooperation in dealing with threats to the global economic recovery such as rising oil prices. The policy-setting committee of the […]