MONDAY, 05 JULY 2010 01:15 BLESSING ANARO     The second quarter of this year was one that was fluid in both local currency and foreign exchange supply. The Federation Account Allocation Committee (FAAC) released N1.9 trillion or $12.5 billion that was shared among the three tiers of government. On […]

  MONDAY, 05 JULY 2010 01:13 CHUKA UROKO   A new phase is fast evolving in the Nigerian mortgage industry as the Central Bank of Nigeria (CBN) perfects recapitlisation of the primary mortgage institutions (PMIs) to N5 billion.Presently, the capital base of the PMIs stands at N100 million and this, analysts […]

  Jul 4, 2010 Patience Saghana   Foreign insurance  companies are sneakingg into the country using Nigerian banks  to sell their products in the country.A South African based insurer, Sanlam Ltd  recently teamed up with First Bank of Nigeria Plc to sell its insurance products in Nigeria.Mr Johan van Zyl, […]