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80% of Nigerians have no bank accounts- UKTI

ByStanley Opara EIGHTY per cent of the over 150 million people in Nigeria have no bank accounts, the Director, United Kingdom Trade and Investment, Mr. Peter Stephenson, has said. He added that 98 per cent of Nigerians had no insurance cover. Stephenson spoke during the March Breakfast meeting of the […]

Rising oil prices: CBN may raise interest rates – Sanusi

By Stanley Opara with agency report The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said the apex bank may raise interest rates for a second time this year as higher oil prices and state spending threaten to boost inflation. Sanusi said oil price, which had reached $100 a […]

Investors urged to take advantage of low share prices

By Udeme Ekwere Experts have advised investors to take advantage of the current downturn in the market to make future profits. The advice follows the persistent losses recorded in equity trading activities on the Nigerian Stock Exchange since the end of January, 2011. The analysts said that the low prices […]