By Agency reporter Wednesday, 5 Jan 2011                         The European Union may give regulators power to block new products and limit trading risks at banks deemed too big to fail, as part of plans to protect public finances from future financial crises, Bloomberg reported on Tuesday. National regulators of cross-border banks may […]

By Agency reporter Wednesday, 5 Jan 2011 Optimism about the state of the world economy lifted stocks on Tuesday and kept oil prices at a near 27-month peak. Reuters reported from London on Tuesday, that Wall Street looked set to join in with gains at the open, the dollar was flat […]

By Ademola Alawiye Wednesday, 5 Jan 2011 Following the signing of debt-purchase agreements between the Asset Management Corporation of Nigeria and 21 Deposit Money Banks, financial analysts have said that lending by the banks will not be instantaneous. The analysts, who spoke with our correspondent on Monday, said that the credit […]