SUNDAY, 18 JULY 2010 00:00         BY MARCEL MBAMALU BUSINESS SERVICES – BUSINESS NEWS  Selling Them to Foreigners Is Not in Nigeria’s Interest — Unegbu THE idea originally muted, but now reconsidered, by the Central Bank of Nigeria (CBN) to sell the ‘bailed-out’ banks to a blend of foreign […]

  MONDAY, 19 JULY 2010    Oil prices sank on Friday at the end of a volatile week which saw dealers trying to get a fix on the energy demand outlook amid mixed data.New York’s main contract, light sweet crude for delivery in August, fell 61 cents on Friday to […]

  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 […]