By Emele Onu with agency report, 08.17.2010    Prospective and ready buyers have emerged for four of the eight banks rescued by the Central Bank of Nigeria (CBN) last year, the apex bank’s Governor Sanusi Lamido Sanusi said yesterday, although he did not disclose the names of the banks […]

  TUESDAY, 17 AUGUST 2010 01:20       The Central Bank of Nigeria (CBN) wants banks to aim for not more than five percent of the total credit to customers becoming classified as non-performing loans (NPLs), BusinessDay investigations have revealed. The development, which is expected to make banks uphold the […]

TUESDAY, 17 AUGUST 2010    Oil prices hovered below $76 a barrel yesterday, as expectations for fuel demand in the second half of the year were undermined by weaker economic figures from the world’s three biggest economies- the United States of America (U.S.), China and Japan.   By early afternoon […]