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		<title><![CDATA[Business World Intelligence - Articles - ]]></title>
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			<title><![CDATA[Banks Force Vono to Open Rights Issue]]></title>
			<link>http://businessworldng.com/web/articles/2269/1/Banks-Force-Vono-to-Open-Rights-Issue/Page1.html</link>
			<description><![CDATA[There are strong indications that two banks, who are creditors to Vono 
Nigeria Plc,  have  forced the furniture and foam giant into accessing 
funds from the nation’s capital market to avoid the wrath of the banks 
that are eager to have money back. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Tue, 13 Mar 2012 10:00:24 UTC]]></pubDate>
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			<title><![CDATA[Why Bank Lending Rates Will Remain High]]></title>
			<link>http://businessworldng.com/web/articles/2261/1/Why-Bank-Lending-Rates-Will-Remain-High/Page1.html</link>
			<description><![CDATA[Mr. Philips Oduoza, group-managing director, United Bank for Africa 
(UBA), has said that it is impossible for banks to lend at single digit 
interest rates considering the enormous challenges facing them, 
especially as regards provision of infrastructure. Oduoza said 
inadequate power supply has "turned UBA into a mini power plant" in the 
light of financial resources and equipment deployed by the bank to have 
regular power supply. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 27 Feb 2012 15:30:24 UTC]]></pubDate>
			<guid isPermaLink="true">http://businessworldng.com/web/articles/2261/1/Why-Bank-Lending-Rates-Will-Remain-High/Page1.html</guid>
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			<title><![CDATA[Fuel Strikes: ATMs Pay N30bn to Customers]]></title>
			<link>http://businessworldng.com/web/articles/2247/1/Fuel-Strikes-ATMs-Pay-N30bn-to-Customers/Page1.html</link>
			<description><![CDATA[As much as N30 billion may have been paid by banks through their 
Automated Teller Machines (ATMs) within the first four days of the 
protests over the removal of fuel subsidy by the federal government, 
BusinessWorld Intelligence can now reveal. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 23 Jan 2012 10:00:24 UTC]]></pubDate>
			<guid isPermaLink="true">http://businessworldng.com/web/articles/2247/1/Fuel-Strikes-ATMs-Pay-N30bn-to-Customers/Page1.html</guid>
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			<title><![CDATA[Is Microfinance Sector Promoting Financial Inclusion in Nigeria?]]></title>
			<link>http://businessworldng.com/web/articles/2230/1/Is-Microfinance-Sector-Promoting-Financial-Inclusion-in-Nigeria/Page1.html</link>
			<description><![CDATA[The Central Bank of Nigeria (CBN) in its effort to include all strata of
 the population in the financial sector has said that promotion of 
Microfinance is a vital strategy. This strategy of financial inclusion 
or inclusive financing according to Wikipedia, 2011 is the delivery of 
financial services at affordable costs to sections of disadvantaged and 
segments of low income of the society. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 05 Dec 2011 12:00:24 UTC]]></pubDate>
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			<title><![CDATA[CBN Intensifies Push on e- Payment, Cashless Economy]]></title>
			<link>http://businessworldng.com/web/articles/2229/1/CBN-Intensifies-Push-on-e--Payment-Cashless-Economy/Page1.html</link>
			<description><![CDATA[The Central Bank of Nigeria (CBN) has concluded the initiative to 
implement the electronic payment of government suppliers, all forms of 
taxes, salaries and pension in Nigeria. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 05 Dec 2011 12:00:24 UTC]]></pubDate>
			<guid isPermaLink="true">http://businessworldng.com/web/articles/2229/1/CBN-Intensifies-Push-on-e--Payment-Cashless-Economy/Page1.html</guid>
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			<title><![CDATA[More Banks to be Acquired]]></title>
			<link>http://businessworldng.com/web/articles/2219/1/More-Banks-to-be-Acquired/Page1.html</link>
			<description><![CDATA[There are strong indications that the number of banks operating in the 
country may be reduced to one digit in the next few years as a new wave 
of mergers and acquisitions have been envisaged by experts as necessary 
response to the imminent glut in deposit and unexpected distress. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 05 Dec 2011 11:30:24 UTC]]></pubDate>
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			<title><![CDATA[NDIC May Extend Cover to Capital Market]]></title>
			<link>http://businessworldng.com/web/articles/2204/1/NDIC-May-Extend-Cover-to-Capital-Market/Page1.html</link>
			<description><![CDATA[The Nigeria Deposit Insurance Corporation (NDIC) is proposing to include
 the stock market in its coverage as a way of restoring confidence in 
the capital market and to protect small investors. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 21 Nov 2011 08:30:24 UTC]]></pubDate>
			<guid isPermaLink="true">http://businessworldng.com/web/articles/2204/1/NDIC-May-Extend-Cover-to-Capital-Market/Page1.html</guid>
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			<title><![CDATA[Fears over Commencement of Cashless Society Deepen]]></title>
			<link>http://businessworldng.com/web/articles/2197/1/Fears-over-Commencement-of-Cashless-Society-Deepen/Page1.html</link>
			<description><![CDATA[There are palpable fears as the Central Bank of Nigeria (CBN) insists on
 beginning the implementation of the retail payments transformation 
initiative also known as cashless economy.  ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 14 Nov 2011 09:00:24 UTC]]></pubDate>
			<guid isPermaLink="true">http://businessworldng.com/web/articles/2197/1/Fears-over-Commencement-of-Cashless-Society-Deepen/Page1.html</guid>
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			<title><![CDATA[Rescued Banks EGMs: Panacea for Crisis Resolution?]]></title>
			<link>http://businessworldng.com/web/articles/2155/1/Rescued-Banks-EGMs-Panacea-for-Crisis-Resolution/Page1.html</link>
			<description><![CDATA[When Mr. Sanusi Lamido, governor Central Bank of Nigeria (CBN)  said 
Nigerians has seen the worst in the banking sector, and that with the 
nationalization of the three rescued banks unable to get suitors to 
recapitalize has marked the begin of new  and prosperous era in the 
sector.<br/>Even though many see the nationalization of former Afribank, 
Bank PHB and Spring Bank as very unpopular, but Sanusi insists that the 
option was indeed the best considering the circumstance we found our 
economy. ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 12 Sep 2011 13:30:24 UTC]]></pubDate>
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			<title><![CDATA[FG Secures N2tn Investment]]></title>
			<link>http://businessworldng.com/web/articles/2154/1/FG-Secures-N2tn-Investment/Page1.html</link>
			<description><![CDATA[The Federal government has secured about N2.2tn investment communication
 from foreign and local investors for the non-oil sector of the economy 
in the next 12 months.  ]]></description>
			<author>no@spam.com (Udo  Onyeka)</author>
			<pubDate><![CDATA[Mon, 12 Sep 2011 13:30:24 UTC]]></pubDate>
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