By Yemi Kolapo, Washington, DC   Friday, 8 Oct 2010   Nigeria will sustain a 7.4 per cent output growth from 2010 till 2011, the International Monetary Fund has said. The IMF said in its World Economic and Financial Survey made available to journalists on Thursday in Washington DC, that […]

  By Emele Onu, 10.08.2010    The Central Bank of Nigeria (CBN) has influenced a reduction in the value and volume of cheque payments in the banking system by 51 per cent and 3 per cent. Whereas the value of cheques cleared by banks declined by 51.46 per cent to […]

Oct 8, 2010 By Babajide Komolafe   The improving fortunes of the naira continued yesterday bouyed by $420 million dollars autonomous supply from Nigeria National Petroleum Corporation (NNPC) and ExxonMobil. Consequently the interbank foreign exchange rate dropped further by 73 kobo to N151.65 per dollar from N152.38 the previous day. […]