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archiveSeptember 20, 2016

MARKETSMONEY MARKETTOP STORY

DMBs in short of funds as CBN bails out with N900bn

 Most Deposit Money Banks (DMBs) in the country had issues with cash to meet their immediate financial obligations last week, going by the recent report from Cowry Assets Management Limited.The assets management company, in its recent report stated that there was a recent rush by banks to the Central Bank...
NEWSTOP STORY

Ibori appeals conviction in UK

The convicted former governor of Delta State, James Ibori, is to appeal his conviction in a British court for money laundering. According to Head of Chief James Onanefe Ibori’s Media Office, Tony Eluemunor, the British National Crime Agency (NCA) has confirmed that police officers, working within the elite Department for...
ECONOMYTOP STORY

Saraki backs calls for oil asset sales

The Senate President, Dr Bukola Saraki, has supported the calls for the sales of oil assets of the Federal   Government to tackle the current economic recession ravaging the country. It was the richest man in Africa, Alhaji Aliko Dangote who first flew the kite and it has become a sing...
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