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. […]

Larry Elliott in Washington and Jill Treanor, Friday 8 October 2010  The International Monetary Fund demanded new bank taxes and tougher financial supervision today warning that a return of “business as usual” risked sowing the seeds of the next crisis.Dominique Strauss-Kahn, the IMF’s managing director, said two new taxes on banks […]

10.08.2010    Ecobank has announced the opening of a representative office in Dubai, in a move calculated to facilitate capital flows between the Middle East and Africa .A statement by the bank quoted its Chief Executive, Arnold Ekpe as having said that with an increasing number of African businessmen sourcing […]