By Everest Amaefule Monday, 25 Oct 2010   Lending by the Africa Export Import Bank to Nigerians has hit $5.5bn, the President of the bank, Mr. Jean-Loius Ekra, has said. Ekra, who said this at a reception marking his departure from Nigeria, added that the Abuja office of the bank was […]

By Obinna Chima   The Central Bank of Nigeria (CBN) will this week mop up a total of N125.79 billion from circulation as part of its Open Market Operations (OMO). The move according to market sources, is to sustain price stability in the system amidst the rising threats of inflation. […]

By Tony Amokeodo Monday, 25 Oct 2010   TRIAL in the Economic and Financial Crimes Commission’s alleged N364bn financial crime against the former Chief Executive officer of Intercontinental Bank Plc, Erastus Akingbola, is expected to begin today before a Federal High Court in Lagos. The EFCC is prosecuting Akingbola before Justice […]