By Agency Reporter Wednesday, 10 Nov 2010 Nigeria is the top remittance recipient in Africa, accounting for an estimated $10bn in 2010, a report by the World Bank has said. This year‘s flows represent a slight increase over the previous year, when migrants sent home $9.6bn. The report further said remittance […]

Wednesday, 10 Nov 2010 Deposit Money Banks in Lagos witnessed a rush on Tuesday as the Nigerian Labour Congress begins its three-day warning strike. Our correspondent gathered that activities increased in some banks, as customers of the banks made transactions in anticipation of the strike. Customers queued up in banking […]

By Gbenga Agbana Wednesday, 10 Nov 2010 The asset valuation of companies listed on the Nigerian Stock Exchange will soon improve with the commencement of the Asset Management Corporation of Nigeria’s operations, stakeholders in the capital market have said. Banks are also expected to resume lending to the real sector and […]