By ANDREW MONAHAN TOKYO — Japan ceded its spot as the world’s second biggest economy to China in 2010, with a contraction in the fourth quarter as the strong yen contributed to an export slump, the end of auto subsidies depressed car purchases and a new tobacco tax hit cigarette […]

By Emele Onu 14 Feb 2011   The opening balance of banks at the interbank naira market, which is a key measure of the liquidity of the system, crashed at the weekend to about N15 billion from N124 billion the previous week. When the market was awash with liquidity last year, […]

By Goddy Egene 14 Feb 2011 The Director-General of the Debt Management Office (DMO) Dr. Abraham Nwankwo, has said that the organisation has been able deepen debt market where long-terms credits of between three and 20 years could be accessed. Speaking in a television programme last week, Nwankwo said that before 2007, government […]