The spread between deposit rate and lending rate has remained high at 20.14 per cent as maximum lending rate as at December 2010 was 21.84 while average deposit rate stood at 1.95 per cent.

In a renewed bid to re-position Ekiti State. The state government under the leadership of Dr. Kayode Fayemi, has embarked on destination branding to make the state an investors delight Princewill Ekwujuru reports.

Multichoice Nigeria, owner of the Digital Satellite Television (DSTV), said subscription fee across some bouguet on it’s platform will increase with effect from April 1st, 2011.

Imagine how it would feel to eat, sleep, do daily chore, work or study on a dump site. This is exactly how thousands of residents of Dustbin Estate have been living for years now.

Naira has been on a continuous downward pressure for the past three decades such that our currency depreciated from about 50 kobo/$1 in 1980 to its current suicidal rate of over N 150/$1.

Alhaji Usman A. Danmalam is the Managing Director/Chief Executive Officer of Middle East Energy Limited, an oil services and haulage outfit with headquarters in Kaduna, Nigeria.

The EFCC on Monday arraigned a U.S-based Nigerian Attorney, Mr Emeka Egwuonye, at an Abuja High Court on a one count charge of corruption.

In its bid to eradicate poverty and financially empower Lagosians, the Chairman of Lagos State Microfinance Institution (LASMI), Bashorun Alabi-Macfoy, has said the Institute is willing to partner with financially capable microfinance banks, MFBs, that have good assets and customer base to achieve total self empowerment of the poor.

The most convoluted and perhaps most abused phrases in our financial and banking circles today are “Stress Test” and “Risk Assessment.”

GOVERNOR Olugbenga Daniel of Ogun State has finally dumped the Peoples Democratic Party [PDP] for the Peoples Party of Nigeria [PPN] appearing with his Deputy; Alhaja Salmot Badru at the state rally of the party at the MKO Abiola Stadium.