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Bad loans: Debtors drag banks, AMCON to court

By Yemi Kolapo Friday, 18 Feb 2011 Indications emerged on Thursday that some bank debtors, whose non-performing loans allegedly contributed to the crisis in the banking sector, might have dragged their banks and the Asset Management Corporation of Nigeria to court over the new status of their debts.  The debtors, who […]

Dell shares rise by 12% after high profits

By Agency Reporter Friday, 18 Feb 2011 NEW YORK: Shares in Dell closed almost 12 per cent higher after the PC-maker announced that its profits had almost trebled. According to British Broadcasting Corporation on Thursday, the company said its fourth-quarter net income had risen to $927m (£573m), up from $334m in […]