WEDNESDAY, 07 JULY 2010 BY BUKKY OLAJIDE        International Finance Corporation (IFC), a member of the World Bank Group, has announced a fresh investment of $12.1 million (N1.8 billion) in two Nigerian companies- Skye CAPIC and CAPIC Hexagon, to develop two hotels in the country.   Specifically, IFC will […]

  WEDNESDAY, 07 JULY 2010 01:10 IHEANYI NWACHUKWU   Africa’s oil and gas exporters, especially the three largest producers – Algeria, Angola, and Nigeria are said to have the continent’s highest Gross Domestic Product (GDP) per capita, but the least diversified economies.   For these countries, rising oil prices lifted their […]

  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 […]