Author: InvestAdvocate

Building credibility is the heart of financial sector Reforms

  Jul 11, 2010   World Bank Vice for Africa Region, Obi Ezekwesili, told Clara Nwachukwu, Deputy Editor, Vanguard’s Sweetcrude, on the sidelines of the 2010 Diageo Africa Business Reporting Awards in London recently that ongoing financial reforms in Nigeria need to be sustained and focus specific.   What is […]

FG to audit, strengthen FMBN, NERFUND, NEXIM, others

  MONDAY, 12 JULY 2010 01:11 HORATIUS EGUA     Five troubled Federal Government financial institutions are to be comprehensively audited with a view to restructuring them to play effective roles in strengthening the economy. And any of the present or past chief executives officers as well as other employees of […]

Sanusi identifies power, infrastructure as constraints to banks lending to SMEs

  MONDAY, 12 JULY 2010 01:13 SADE AYODELE & VICTOR SOROKWU     The prevailing power crisis and dearth of infrastructure in the country have been identified as major challenges to banks lending to small and medium scale enterprises in the country. Consequently, the development is impacting negatively on the banking […]