FRIDAY, 16 JULY 2010 01:20 CHUKA UROKO     The real estate sector of the economy has seen a substantial drop in bank lending that hovers between 60 and 70 percent following the credit squeeze in the banking sector. Due more to the on-going banking reform than the global economic […]

  FRIDAY, 16 JULY 2010 01:21 BLESSING ANARO     The report by the National Bureau for Statistics (NBS) that the economy grew by 7.2 percent in the first quarter of 2010 is raising eyebrows among experts who say it is illogical for the economy to have grown by such magnitude […]

  JPMorgan earns $4.8 billion in second quarter as loan losses drop shaprly         Stevenson Jacobs, AP Business Writer, On Thursday July 15, 2010, 10:18 am EDT NEW YORK (AP) — JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion […]