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Inter-bank rates dip on civil servants‘ remuneration

By Ademola Alawiye Monday, 1 Nov 2010 The inter-bank lending rates dropped last week to eight per cent, from 8.5 per cent recorded the previous week as a result of about N49bn released into the system for personnel remuneration benefits of the Federal Civil Service. Analysts added that abatement of demand […]

Banks urged to jointly finance major projects

By Stanley Opara, Banjul, Gambia Monday, 1 Nov 2010 Operators in the banking sector have been urged to leverage on joint finance provision to develop the real sector of the economy. Speaking at the 2010 Annual Course for Finance Reporters, organised by the Guaranty Trust Bank Plc, in Banjul, Gambia on […]

Former SEC DG calls for amendment of CAMA

By Udeme Ekwere Monday, 1 Nov 2010 A former Director-General of the Securities and Exchange Commission, Mr. Wole Adetunji, has called for the urgent amendment of the Companies and Allied Matters Act in Nigeria. This, according to him, is important as most of the positions in the Act are outdated and […]