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Oil rises to near $89 as US dollar weakens

By ALEX KENNEDY, Associated Press  SINGAPORE – Oil prices rose to near $89 a barrel Thursday in Asia as a weaker U.S. dollar made crude cheaper for investors with other currencies.   Benchmark oil for January delivery was up 55 cents to $88.83 a barrel at midday Singapore time in electronic trading on […]

Banks: Ex-chiefs battle MDs for control

By Yemi Kolapo Thursday, 9 Dec 2010 There are strong indications that some chief executive officers of banks, whose former bosses were asked to retire by the Central Bank of Nigeria because they had spent 10 years, do not have control over the banks they are supposed to be managing. The […]

Experts task financial organisations over information security

By Ademola Alawiye Thursday, 9 Dec 2010 Financial experts from Pricewater House Coopers, on Wednesday called on financial organisations to protect sensitive information on their companies, saying that the landscape for information security was gradually undergoing changes. The experts, who spoke in different presentations at a seminar, titled, ”Information Security: what […]