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Central Bank Govs Converge on Abuja for D-8 Summit

  From Onyebuchi Ezigbo and Paul Obi in Abuja, 06.24.2010    In a move to expand the scope of investment among developing countries, the Federal Government is to host D-8 Summit, a group of developing countries,  in Abuja next month.     This was made known yesterday in Abuja during […]

FG, CBN pressure down inter-bank lending, forex rates

  WEDNESDAY, 23 JUNE 2010 01:12    Efforts by government agencies to address problems associated with lending and the naira value have so far worked in the official markets, but little ripple effects are seen in real terms of it or what some also refer to as unofficial markets.   […]

Why govt’s economic targets fail, by Ibru

  WEDNESDAY, 23 JUNE 2010 FROM OGHOGHO OBAYUWANA, ABUJA   The  pressure on money market following the implementation of the Central Bank of Nigeria’s (CBN) reforms in 2009 pushed up lending rates in the country so much that the Federal Government could not realise its economic targets, former President of […]