By Agency Reporter Tuesday, 7 Dec 2010 South Africa‘s rand weakened slightly against the dollar on Monday after touching a three and a half week high on Friday, but upside at 6.75 remains a target if last week‘s late rally resumes. At 0644 GMT, the local currency was at 6.8725 to […]

By Agency Reporter Tuesday, 7 Dec 2010 The Governor of Central Bank of Nigeria, Mr. Lamido Sanusi, has called on the Federal Government to focus on fiscal discipline as a possible means of reviving the nation’s economy. A statement on Monday quoted him as saying this while declaring open the 2nd […]

By Gbenga Agbana Tuesday, 7 Dec 2010 If given the opportunity, shareholders of the banks recently rescued by the Central Bank of Nigeria are ready to recapitalise the banks. The President of the Independent Shareholders Association of Nigeria, Chief Sunny Nwosu, said this at a press briefing organised by the group […]