MONDAY, 12 JULY 2010 01:11 HORATIUS EGUA   Five troubled Federal Government financial institutions are to be comprehensively audited with a view to restructuring them to play effective roles in strengthening the economy. And any of the present or past chief executives officers as well as other employees of […]
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Sanusi identifies power, infrastructure as constraints to banks lending to SMEs
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 […]
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 […]
