By Sunday Ojeme Thursday, 8 Jul 2010    The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has restated the need to unlock the credit market to benefit the private sector more than government borrowers. He said this was necessary in order to enhance credit flow […]
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Oil falls below $72 on economic worry
THURSDAY, 08 JULY 2010 01:14  Crude oil dipped on Wednesday, set to stretch its losing streak for the past six trading sessions, as global investors remained concerned that the world’s economic growth was faltering.By 0911 GMT, U.S. crude oil futures fell 10 cents to $71.88 a barrel, after […]
Irony of rating and banks’ fundamentals
THURSDAY, 08 JULY 2010 01:10 IHEANYI NWACHUKWU   It may not be out of place for investors at the Nigerian bourse to say that some acclaimed foreign rating agencies had in recent past misinformed them about the future of some Nigerian banks in view of the ratings assigned to […]
