MONDAY, 19 JULY 2010 BY SULAIMON SALAU   Production activities from the nation’s oil and gas sector raked-in about $220 billion (N33 trillion) into the Federal Government’s coffers between 2003 and 2009.Statistics obtained from the International Oil Companies (IOCs) also revealed that the cumulative capital investment in the sector […]

  MONDAY, 19 JULY 2010 01:11           Inter-bank lending rates retreated to 1.41 percent on average last week from 8.25 percent penultimate week following a large injection of funds from government allocations to public sector agencies, traders said weekend. N413.28 billion ($2.8 billion) was distributed from the federation accounts to […]

  MONDAY, 19 JULY 2010 01:21 JOHN OMACHONU & BLESSING ANARO     After a series of harsh words which depressed the banking industry, the recent recant of the Central Bank of Nigeria (CBN) on some core issues in its industry reforms is set to blow some desperately needed air of […]