Author: InvestAdvocate

DMO: Why Nigeria Needs to Borrow

By Emele Onu, 09.22.2010    The Debt Management Office (DMO) has said that Nigeria has every reason to borrow to support the development of the country through reflating the economy as well as deepening of the bond market.The DMO made this disclosure in a newspaper advertorial signed by its Director-General, […]

Central Bank encourages seamless central switch payment system

  By Stanley Oronsaye September 23, 2010    The directive by the Central Bank of Nigeria (CBN) that banks should migrate to the Nigerian Central Switch has elicited reactions from operators in the sector. According to them, the directive will affect the business of some payment companies currently operating.   […]

NEXIM repositions, boosts exports with N5bn

  By Ifeanyi Onuba, Abuja   Thursday, 23 Sep 2010 The Nigerian Export- Import Bank on Wednesday said that the recent transformation process which it embarked on in the first quarter of this year had helped to reposition the bank to meet the challenges of the international financial system.   […]