Uncategorized

Inflation rate drops to 13.4% on good harvest

By Ademola Alawiye Thursday, 18 Nov 2010 The inflation rate dropped for the second consecutive month in October to 13.4 per cent, from 13.6 per cent in September. According to the National Bureau of Statistics, the inflation rate dropped due to “good harvest in the country‘s damped food prices.” The Central […]

Dismissals: Using illegality to fight illegality, leads to anarchy

By Daniel Osunkoya, November 16, 2010   To ensure a proper punishment of employees found guilty of misconduct, some economic analysts said organisations must always follow due dismissal process of such staff.   Citing a recent case, in which a Lagos High Court, last Friday, nullified the removal of Bunmi […]

U.S. Sets 50 Bank Probes

November 17, 2010 by JEAN EAGLESHAM FDIC Steps Up Investigations at Failed Lenders; ‘These Numbers Will Increase’ The Federal Deposit Insurance Corp. is conducting about 50 criminal investigations of former executives, directors and employees at U.S. banks that have failed since the start of the financial crisis.   The agency […]