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 […]

  Jul 19, 2010 By The recent examination of microfinance banks (MFBs) by the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) has revealed some irregularities and unethical practices in the MFB sub-sector.   It would be recalled that, following signs of distress in some MFBs and […]

  By Emele Onu with agency reports, 07.17.2010 Nigeria’s year on year inflation rate dropped to 10.3 percent in June from 11 percent the previous month.Data released by the National Bureau of Statistics showed that growth in food prices, which form the bulk of the inflation index basket also eased […]