Jul 2, 2010 By   Abuja—The Senate, yesterday, agreed to cut the N4.3 trillion 2010 Budget expenditure by N400 billion with the Amendment Bill passing a second reading.The Appropriation Act originally empowered the Federal Government to spend N4.3 trillion, with N183.575 billion as statutory transfer and N542.38 for debt […]

  FRIDAY, 02 JULY 2010 01:17    The Central Bank of Nigeria governor said on Thursday he saw no reason to raise interest rates, days before a monetary policy committee meeting, but said he was concerned about the risk of another asset bubble forming. Governor Lamido Sanusi also said four […]

  FRIDAY, 02 JULY 2010 01:15 BLESSING ANARO     Contrary to the belief that banks have returned to profitability after the financial crisis that brought more than half of them to the brink of collapse, experts say all that has happened in the first quarter of this year is a […]