By Emele Onu, 07.21.2010    Nigeria’s total federally-collected revenue dropped by 19.9 per in April, 2010 against the monthly budget estimate for the year, the Central Bank of Nigeria (CBN) said in its Economic Report for April, 2010 released yesterday.“The country generated an estimated N537.74 billion, representing a shortfall […]

  WEDNESDAY, 21 JULY 2010    Oil prices hovered below $77 a barrel yeterday as traders awaited corporate earnings reports for clues about the strength of the global economy and the outlook for energy demand.By early afternoon in Europe, benchmark crude for August delivery was down 18 cents to $76.36 […]

    TUESDAY, 20 JULY 2010    UBA Plc, in the aftermath of the recent banking reforms, has released the bank’s half-year trade financials at the Nigerian Stock Exchange over the weekend.According to a statement from the bank, UBA recorded a strong growth of 370 per cent in profit before […]