By Agency Reporter Monday, 10 Jan 2011 BEIJING: China’s economy grew by about 10 per cent in 2010, with retail sales rising by 18.5 per cent and indicating that the economy is now relying more on domestic consumption, Vice-Premier Li Keqiang said in remarks published on Saturday, according to a Reuters […]

By Chinyere Fred-Adegbulugbe Monday, 10 Jan 2011 In an attempt to avert the planned nationwide shut down of their operations, the managements of Oceanic Bank International Plc, Intercontinental Bank Plc and Unity Bank Plc have reached out to the workers’ unions for negotiations. The President, Association of Senior Staff of Banks, […]

By GBENGA AGBANA Monday, 10 Jan 2011 The commencement of operations by the Asset Management Corporation of Nigeria and its purchase of banks‘ toxic assets have rekindled hope that investors in the nation‘s capital market, who have had to endure monumental losses in recent times, may likely reap good dividends this […]