Jul 8, 2008

The regulatory authorities in the nation’s financial sector and the Federal Ministry of Finance yesterday met in Lagos with a resolve to jointly take measures to preserve and promote the continued vibrancy, liquidity and buoyancy of the capital market. The Finance Ministry, Central Bank of Nigeria (CBN), Nigeria Deposit Insurance Corporation (NDIC),...

Jul 7, 2008

“I was just focused on every point,” he said. “It’s impossible to think too much. Just point by point. I didn’t want to think about the title.”……Nadal LONDON – Rafael Nadal is no longer just the King of Clay. He’s the Wimbledon champion after beating the grass-court master of them all, Roger Federer, in...

Jul 3, 2008

  160 different people who lived in 2 different cities where chosen at random to deliver a packet to a stockbroker who lived in a far away city. Each person was asked to write his/her name on the packet to a stock broker who lived in a far away city. Each person was asked to write his/her name on the packet and send it on to a friend or acquaintance who he...

Jul 1, 2008

Last Friday, June 27, was a remarkable day in the lives of two eminent African leaders. On this day, our own Nelson Mandela celebrated his 90th birthday amid fanfare. A star-studded group of artists gathered at a giant concert in London, in support of his global AIDS 46664 campaign against HIV/AIDS, which was broadcast live around the globe. Performers at the...

Jul 1, 2008

The current market jitters are centred on disturbances in the world’s credit markets. Worries about the viability of sub-prime mortgage lending have spread around the financial system, and the central banks have been forced to pump in billions of dollars to oil the wheels of lending. But what happened in previous financial crises, and what are the lessons...