By Agency Reporter Monday, 6 Dec 2010 The Kenyan shilling eased slightly against the dollar on Friday, as commercial banks covered their short dollar positions ahead of the weekend, shrugging off a small blast in a Nairobi suburb. At 0901 GMT, commercial banks quoted the local currency at 80.50/60 to the […]
Uncategorized
Asset financing: CBN urges SMEs to explore leasing option
By Stanley Opara Monday, 6 Dec 2010 The Central Bank of Nigeria has advised Small and Medium scale Enterprises to tap into opportunities that leasing facilities offer for asset acquisition and financing. The apex bank said exploring such option would ease cash flow for entrepreneurs and also minimise the burden of […]
Monthly pay: Senators earn N15.18m each, Reps N10.59m – Investigation
By Everest Amaefule and Ifeanyi Onuba Monday, 6 Dec 2010 EACH senator of the Federal Republic of Nigeria earns N15.18m in salaries and allowances monthly, just as each member of the House of Representatives takes home N10.59m a month, investigation has revealed. For the Senate, each senator (excluding the Senate President […]

