MONDAY, 12 JULY 2010 01:13 SADE AYODELE & VICTOR SOROKWU   The prevailing power crisis and dearth of infrastructure in the country have been identified as major challenges to banks lending to small and medium scale enterprises in the country. Consequently, the development is impacting negatively on the banking […]
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Govt begins tracking of foreign loans’ management
MONDAY, 12 JULY 2010 FROM MATHIAS OKWE, ABUJA    The Federal Government has flagged-off the tracking of all foreign loans secured by it. The move is to ensure that the credit facilities are channelled to purposes they were meant for, to achieve value for money.Currently, an estimated $4.23 billion […]
Oil prices fall as dollar gains against euro, pound
MONDAY, 12 JULY  Crude oil declined, reversing earlier gains as the dollar advanced against the euro and the pound, making the commodity more expensive for European investors.Crude remains headed for a weekly gain as higher equities in Asia and Europe bolster optimism that fuel demand may increase. The […]
