Jul 8, 2010   Credit to the  private sector will  remain muted for much of the third quarter of the year, says Afrinvest Limited. The Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on Monday stated that in the month of May, “While credit to […]

    FRIDAY, 09 JULY 2010 01:17 IHEANYI NWACHUKWU     Ferdinand Alaraba, president, Bank Directors Association of Nigeria (BDAN), has called for patience in the sale of the five troubled banks.The Central Bank governor, Sanusi Lamido Sanusi, last week, said that the apex bank would sell the five troubled banks […]

  FRIDAY, 09 JULY 2010   The International Monetary Fund (IMF) has upgraded its 2010 global growth forecast yesterday, to 4.6 per cent from 4.2 per cent in April’s review of the global economy, but kept its 2011 view unchanged at 4.3 per cent.It cited robust expansion in Asia and […]