Economy



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    Bank Performance Ranking 2012: How They Stand

    From financial crisis to post recapitalisation, Nigerian banking has passed through one of its most difficult times in history to emerge at the threshold of yet a new beginning. Some banks that started the journey couldn't make it to the end and some have made it bruised and battered.

    Margin Facilities: Your Bank Might have been Wrong


    When competition among banks intensified on the asset side of the balance sheet in 2006 and 2007, margin lending grew in popularity. In the share price meltdown that followed in 2008, margin borrowers tasted the bitter side of credit. The banks and the Central Bank, by enforcing debt recovery outside the terms of agreement, added much to that bitterness.

    Equities: What to Buy When the Market is Dicey

    The equities market is presently in a state of confusing signals and the question of what to buy isn't easily answered. This is not quite a normal bull and you can't play it well without understanding why it has become what it is. There is a bullish sunshine in the market but it is beclouded by a bearish fever, which is keeping many stocks in the cold.

    What to Expect from Central Bank's Currency Restructuring

    Money is a subject in which every body is interested and nobody has all the answers. The wide interest in money is a reflection of the many aspects of people's social and economic lives which it affects. Whether money functions orderly or disorderly, it produces significant effects upon economic aggregates  consumption, employment, production and distribution of wealth in the economic society.

    2010: Gloomy Year for Manufacturing Sector?

    THE year 2010 may not be a better time for the nation’s manufacturing sector currently smarting from the effects of the inclement business environment that has prevailed in the country since the last two decades. Why? Because nothing has changed. Instead of getting better, things will get even worse for the sector as critical indicators have revealed.

    UN to Review Progress on the MDGs

    WITH only six years until the 2015 deadline to achieve the Millennium Development Goals, UN Secretary-General Ban Ki-moon chose these words to strongly urge governments to engage constructively in the preparations for a high-level meeting in September 2010 to review progress towards the MDGs and other international development goals.

    Unilever Workers Threaten Court Action

    AGGRIEVED workers of Unilever Nigeria Plc may drag the company to court early next year if the federal government fails to compel the management of the company to reverse their dismal according to BusinessWorld Intelligence.

    Capital Flight: China to Invest in IPP

    CHIEF Matthew Uwakwe, chief executive officer of Nigeria-China Business Council, has disclosed the intention of the council to boost the Nigerian economy by bringing in the Chinese to invest in Independent Power Project (IPP).

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