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The G-20's six largest economies took a big hit during the global recession in the past year and a half. Challenges remain but most appear on the path to recovery. NEW YORK (CNNMoney.com) -- Gold rallied to an all-time high...
Nairobi — The images of past and current Kenyan heads of state could soon fade from local currency if the newly unveiled draft constitution sails through. This could see images of Presidents Jomo Kenyatta, Daniel arap Moi and...
CFX Financial Services (CFX FS) "begged" Interfin Holdings Limited to take up a controlling shareholding in the institution as it raced against time to meet the minimum capital requirements for the bank, according to...
By WACHIRA KANG’ARU Posted Monday, November 23 2009 at 19:00 Trading of government bonds under the new electronic trading system will commence on Friday, setting the stage for increased trades and efficiency. The process...
Indications emerged at the weekend that the 10 troubled banks will cut staff salaries across the board as a cost-saving measure to strengthen the survival path charted for them by the Central Bank, CBN.
Seven months after its commencement no farmer or aggro-allied enterprise is yet to benefit from the N200 billion Commercial Agricultural Credit Scheme (CACS) due to official bureaucracy and unresolved technicalities among the...
Even before the emergence of the global financial crisis, several models of financing housing delivery in Nigeria have been on trial but to no avail. The situation is more compounded by the recent Central Bank of Nigeria's...
The microfinance banking system took off with sharp division among members which led to the emergence of two associations namely National Association of Microfinance Banks of Nigeria (NAMFBIN) and Association of Microfinance...
THE Central Bank of Nigeria CBN appointed management for Oceanic bank has brought about dramatic change in the affairs of the bank. About 100 days after the CBN intervention and bail out funds injected into the bank visible...
Abuja — The Advisory Board of the Daily Trust African of the Year award has concluded the screening of candidates, who were shortlisted from a pool of nominees, for the 2009 edition of the pan-African award. The screening,...
