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UBA: Recovery gaining momentum – Rencap

  WEDNESDAY, 14 JULY 2010 01:16      On Tuesday, United Bank for Africa (UBA) kicked off the first half of 2010 (1H10) reporting season on a solid footing. They did this by showing that the recovery in the Nigerian banking landscape is gaining momentum. Whilst the bottom line profit figures […]

FG set to raise N105bn to finance budget deficit through sovereign bonds

  WEDNESDAY, 14 JULY 2010 01:23 BLESSING ANARO & ONYINYE NWACHUKWU     The Federal Government has concluded plans to raise N105 billion, about $700 million on July 21, its seventh debt auction this year to finance gaps in the 2010 budget.   The Debt Management Office (DMO) said it would sell […]

Is the world heading for another recession?

  WEDNESDAY, 14 JULY 2010                                      Some unsavoury events in global economy have been sounding the death knell of moderate recoveries in economies around the world, after the recent traumatic recession. From mounting debts in Europe; sliding employment opportunities and record environmental disaster in USA; and failure of G20 countries […]