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Inter-bank rates stay low as N60bn maturities hit market

    WEDNESDAY,30 JUNE 2010 01:10 BLESSING ANARO     Although the capital market is currently on a three-month low in its All Share Index (ASI), there are indications that the money market will continue to enjoy impressive performance with N60 billion of various maturities hitting the market this week. This […]

Making 2010 Budget Count

    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 […]

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 […]