WEDNESDAY, 14 JULY 2010 01:20   Nigeria distributed N13.28 billion ($2.8 billion) from federation accounts to its three tiers of government last month but has not dipped into its windfall oil savings to do so, officials said on yesterday.   The amount distributed represents a 2.45 percent increase on […]

  WEDNESDAY, 14 JULY 2010 01:10  ONYINYE NWACHUKWU     Olusegun Aganga, minister of finance, Tuesday assured that the 2011 executive budget proposal will be ready by September for the National Assembly’s scrutiny and passage before the end of the 2010 fiscal year. Also, he added, the Federal Government is planning to […]

  WEDNESDAY, 14 JULY 2010 01:05   HOPE MOSES-ASHIKE     It is expected that safety and sanity will return to microfinance banks (MFBs) in the country with the introduction of risk management framework by the Central Bank of Nigeria (CBN).Earlier this year, Sanusi Lamido Sanusi, the CBN governor, observed that the […]