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World Bank, others to boost financial literacy in Nigeria

  By Nike Popoola Monday, 30 Aug 2010        Efforts to address the challenges of financial illiteracy at the grass roots through policy frameworks will receive a major boost on Tuesday as international and indigenous experts will unveil a major collaborative initiative to drastically enhance financial literacy across a broad […]

Central banks may face further tasks, says BoE’s Bean

   30 August 2010   Central banks may have to provide more economic support amid a fragile global recovery, the deputy governor of the Bank of England has warned.Charles Bean said policymakers had prevented a financial market collapse but further action might be required.   He was speaking at the […]

Foreign investors dump sick banks

  Monday, 30 August 2010 Written by Gbola Subair and Odidison Omankhanlen •Over erosion of value •World Bank cautions on high spending, borrowing   There are strong indications that foreign financial institutions which had earlier indicated interest to invest in some of the sick banks in the country are backing out. […]