ORGANISED Labour in the nation’s Financial Sector has accused the Governor of the Central Bank of Nigeria, CBN, Mallam Lamido Sanusi Lamido’s appointed management teams of the eight rescued banks, of reckless management of the banks.

The most onerous economic challenge facing Nigeria at the beginning of the second decade of the 21st century is how to fund the massive infrastructure needs of the nation.

Foreign exchange end-users may pay more naira per dollar in 2011. It all depends mostly on two factors namely the stock of foreign exchange available to the country i.e the level of foreign reserves and how much the three tiers of government spends or decides to spend this year.

Because of it’s extensive coastline and tropical climate, Nigeria has the potential to develop a diversified ecology for a range of commercially viable varieties of fish. The economic appeal behind fishing is tremendous, considering the secondary and tetiary enterprises it can generate.

Notwithstanding the challenges that bedevilled the microfinance bank industry in 2010, microfinance banks’ operators are optimistic that 2011 would be a year filled with better business opportunities as a result of the reforms by the regulatory bodies.