Archive: Page 1734

“Closure of Idumota pharmaceutical shops, contempt of court” –Agbaje

By KELECHI MGBOJI Against the backdrop of closure of pharmaceutical shops in Idumota by Lagos State Ministry of Health, renowned legal practitioner, Mr. Fred Agbaje, has described the action as contempt of court and… Read more »

Why Small Business Fail

By Samuel Olufemi Adebiyi (BDS Advisor, EDC, Lagos) I.            Introduction There is no uniform definition of what business failure (BF) is. Bizdic.comdefines BF as closure or cessation of activity that results in… Read more »

Special Report: The haves, the have-nots and the dreamless dead

On Friday October 22, 2010 By Emily Kaiser WASHINGTON (Reuters) – In 2007, when the world was on the brink of financial crisis, U.S. income inequality hit its highest mark… Read more »

Stocks waver after another batch of earnings

Stocks trade in tight range following fresh earnings; traders eye G-20 conference  Stephen Bernard, AP Business Writer, On Friday October 22, 2010 NEW YORK (AP) — Stocks fluctuated in a tight… Read more »

Dollar slides before G20 but gold and oil rise

On Friday October 22, 2010 By Kevin Plumberg HONG KONG (Reuters) – The dollar fell on Friday on speculation a U.S. plan that included letting undervalued currencies strengthen would gain… Read more »

Shareholders approve GTB‘s divestment from subsidiaries

By Udeme Ekwere Friday, 22 Oct 2010 Shareholders of Guaranty Trust Bank Plc have given their approval to the divestment of the bank from its subsidiaries. This is following the Central… Read more »

CBN Grants Provisional Approval for New Licences to 121 MFBs

The Central Bank of Nigeria has granted provisional approval for new licences to 121 out of the 224 microfinance Banks, MFBs, whose licences were recently revoked, subject to the fulfillment… Read more »

The Coming Changes That Will Revolutionise the Nigerian Stock Market

By Victor Ogiemwonyi   Two recent proposals are being discussed at the Nigerian Stock Exchange (NSE) with brokers and regulators that have far reaching implications for the market that will… Read more »

GTBank gets N30bn debt facility from IFC

By Agency Reporter Friday, 22 Oct 2010 THE Chairman, Guaranty Trust Bank Plc, Mr. Oluwole Oduyemi, has said that the bank has received a debt facility proposal of $200 (N30bn) from… Read more »

Downward trend of inflation rate is sustainable – Experts

By Stanley Opara Friday, 22 Oct 2010 Financial experts in Nigeria have said that the country can maintain a downward trend of its inflation rate. They said this could be realised… Read more »