Inter-bank lending rates were flat across the board last week at an average of 10.58 per cent, as liquidity was buoyed by the repayment of about N190bn in mature open market operation treasury bills. Dealers said the repaid treasury bills helped the market to open with a positive cash balance […]
World News
‘Nigerian banks’ profits to increase significantly’
The Group Managing Director and Chief Executive Officer of Access Bank Plc, Mr Aigboje Aig-Imoukhuede, has projected that Nigerian banks, by the end of the year 2012, will post a total profit, which will be equivalent to about 10 per cent of the aggregate profit of all the banks in […]
At 52, experts lament Nigeria’s economic woes
As the country recently added another year to its age, experts examine the journey so far. Their aggregate position points to an era with little or nothing to cheer, ADEMOLA ALAWIYE writes The Federal Government appears to have been insistent that the economy has been growing, despite arguments from the […]
