Jun 28, 2010 By Omoh Gabriel, Business Editor   Two weeks ago, the Managing Director of Union Bank, Mrs Funke Osibodu, who was drafted for a two-year rescue mission to Union Bank, one of the eight rescued banks, had an interactive session with business editors in her office. Below […]

  MONDAY, 28 JUNE 2010 01:19 JOHN OMACHONU & BLESSING ANARO     The re-emergence of conservative banking and prudence, among others, are responsible for the gradual return to profitability of the ailing banks and good outing of others in the first quarter results, according to BusinessDay investigations.   The implication, […]

    MONDAY, 28 JUNE 2010 01:15             Inter-bank rates eased to 1.1 percent on average last week from 1.28 percent penultimate week after the inflow of over N300 billion in monthly budgetary allocations to government agencies boosted liquidity in the system, traders said weekend.They said […]