By Stanley Opara Experts have said that Nigerians should prepare for further decline in the value of the naira as a result of politicians’ preparations for the April elections. The experts said there would be increased spending by politicians, which would put more pressure on the naira. The Financial Secretary, […]
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Standard Bank to sell investment in Troika Dialog
By Agency Reporter TDM Limited Partnership, the 63.6 per cent controlling shareholder of Troika Dialog, led by Mr. Ruben Vardanian, Sberbank of Russia and Standard Bank Group, have agreed on the terms of Sberbank’s proposed acquisition of Troika Dialog, Standard Bank said in a statement on Friday. Sberbank is the […]
Irish banks’ home-loan losses rise
By Agency Reporter Perched on a chair overlooking a wood panel-lined room in Dublin’s High Court, a bespectacled Judge Elizabeth Dunne has become all-too-used to hearing from the victims of Ireland’s economic meltdown, Bloomberg said on Saturday. Each Monday, Dunne presides over repossession hearings, with one in 10 Irish mortgages […]
