WEDNESDAY, 07 JULY 2010 01:12 BLESSING ANARO     Following the financial crisis that hit the banking sector in 2009, most banks that had huge amounts provided for in their financials as a result of non-performing loans given out to the capital market and the oil and gas sector must have […]

  WEDNESDAY, 07 JULY 2010 01:11   Failure of the Central Bank of Nigeria (CBN) to keep to its promise of evolving a new policy guideline for microfinance banks (MFBs) by the middle of this year, which just ended, could be attributed to its inability to reach a compromise with […]

  WEDNESDAY, 07 JULY 2010 01:22 BLESSING ANARO     The Nigerian Inter-Bank Offer Rate (NIBOR), the rate at which banks lend money amongst themselves at the inter-bank market, rose to unprecedented high on Tuesday after the Nigerian National Petroleum Corporation (NNPC) said it was withdrawing unspecified amount of money from […]