By Stanley Opara Monday, 10 Jan 2011 The governor, Central Bank of Nigeria and chief executive officers of Deposit Money Banks have owned up to the neglect of critical sectors of the economy by the nation‘s financial sector. At the Bankers Committee meeting held in Enugu, the stakeholders noted that unfortunately, […]

By Ademola Alawiye Monday, 10 Jan 2011 Traders have said that the withdrawal of funds by the Nigerian National Petroleum Corporation on Friday will increase inter-bank rates this week. According to traders, who spoke to our correspondent on Friday, the removal of funds by NNPC will reduce liquidity and push the […]

By Stanley Opara with agency report Monday, 10 Jan 2011 Global food prices hit a record high last month, outstripping the levels that sparked riots in several countries in 2008, and key grains could rise further, the United Nations‘ food agency has said. The world‘s biggest economies are working to find […]