By Emele Onu, 06.29.2010  It can be argued indefinitely whether an economically backward nation can develop politically. Many scholars, especially the realists will insist that it is almost impossible to develop strong political institutions, when the economy that provides a means for survival for the people is […]
Uncategorized
June Deadline Recapitalization of Unity and Wema banks
Our attention has been drawn to Newspaper reports expressing concern on the deadline of June 30, 2010 given to Unity Bank Plc and Wema Bank Plc to recapitalize.  We wish to inform the general public that due to unanticipated three months extension in timeline for setting up Asset […]
Central banks warned of new crisis if exit left too late
TUESDAY, 29 JUNE 2010 01:22                          Governments must slash budget deficits decisively and central banks should not wait too long to raise borrowing costs as side effects from measures prescribed to tackle the global recession may create the next crisis, the Bank for International Settlements said.The global […]
