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Businesses ‘paying more’ to borrow than last year

      August 24, 2010   Bank fees and costs for small and medium-sized enterprises (SMEs) have risen since the end of last year.The Institute of Chartered Accountants in England and Wales (ICAEW) says many small businesses are unable to borrow from banks, because their lending criteria are too […]

FG to raise N500b bond for infrastructure

    TUESDAY, 24 AUGUST 2010 00:00 FROM MARTINS OLOJA   Convinced at last that it cannot raise enough funds through the normal yearly budget to build critical infrastructure, especially roads and bridges, the Federal Government is set to raise a whopping N500 billion worth of bond, staggered up to […]

First Bank Implements New Operating Structure

  By Obinna Chima, 08.24.2010    First Bank of Nigeria Plc is set to commence its earlier proposed restructuring exercise from next month. THISDAY gathered yesterday that the bank has started dispatching redeployment letters to the affected staff ahead of the new arrangement.The source revealed that with the new organisational […]