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Oil climbs to highest since 2008 on Libya conflict

Oil rises above $106 a barrel as pro-Gadhafi forces push back rebels NEW YORK (AP) — The price of oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya. Benchmark West Texas Intermediate crude rose $2 to […]

Ireland: Banks need euro24B more to survive shocks

Irish Central Bank says Ireland’s banks need euro24 bln ($34 bln) more to withstand future shocks Shawn Pogatchnik, Associated Press DUBLIN (AP) — Ireland’s cash-strapped banks need another euro24 billion ($34 billion) in coming months to demonstrate that they won’t collapse in the face of future crises, the Irish Central […]

Buyers Beware: Shareholders accuses CBN of aiding Union Bank’s MOA

  Peter OBIORA investadvocate Lagos (INVESTADVOCATE) – Shareholders under Sir Sunny Nwosu, the National Coordinator, Independent Shareholders Association of Nigeria (ISAN) has accused the Central Bank of Nigeria (CBN), its Governor, Sanusi Lamido Sanusi, and their hirelings with offers to acquire, takeover or buy into the assets and/or business of […]