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. […]

    By ALEX KENNEDY, Associated Press Writer Alex Kennedy, Associated Press Writer Oil prices hovered above $75 a barrel Monday in Asia, buoyed by rallying global stock markets and improving investor sentiment. Benchmark crude for October delivery was up 1 cent at $75.18 a barrel at midday Singapore time […]

    recently emerged the new president  of Risk Management Association of Nigeria (RIMAN).   The association, which has all the 24 banks as institutional members, is in an epochal phase of transition, given the recent global financial crisis and intervention by the Central Bank of Nigeria. Abolo has extensive […]