By Agency Reporter Tuesday, 22 Feb 2011 HONG KONG: Oil prices jumped by over a dollar and Asian shares mostly eased on Monday as spreading tensions in Libya and other oil-producing regions encouraged some mild profit taking after last week’s solid gains. Reuters reported on Monday that further increases in […]

By Agency Reporter Tuesday, 22 Feb 2011 HONG KONG: European Central Bank board member, Lorenzo Bini Smaghi, said on Monday that the euro zone was enjoying better-than-expected economic growth, but warned that inflation was becoming a concern and higher food and energy prices might be permanent, from a report by […]

By Stanley Opara Tuesday, 22 Feb 2011 Operators of microfinance banks in Nigeria have attributed the increasing liquidity pressure facing them lately to the restrictive credit policies of Deposit Money Banks. They said owing to stringent measures put in place by DMBs for borrowers, there was a massive shift of […]