The Central Bank of Nigeria (CBN) has put the total amount disbursed to beneficiaries under the Commercial Agriculture Credit Scheme (CACS) as at the end of the first quarter 2014 at N228.093 billion.
Updated 6 Years ago

The Central Bank of Nigeria (CBN) has put the total amount disbursed to beneficiaries under the Commercial Agriculture Credit Scheme (CACS) as at the end of the first quarter 2014 at N228.093 billion.
Updated 6 Years ago

The Central Bank of Nigeria (CBN) has put the total amount disbursed to beneficiaries under the Commercial Agriculture Credit Scheme (CACS) as at the end of the first quarter 2014 at N228.093 billion.
Updated 6 Years ago

China plans to connect the stock exchanges ofHong Kong and Shanghai, allowing a combined 23.5 billion yuan ($3.8 billion) of daily cross-border trading. Investors will be able to trade 10.5 billion yuan of Hong Kong-listed stocks through the Shanghai exchange, and 13 billion yuan of mainland shares through Hong Kong, the China Securities Regulatory Commission said in a statement on its website today. That’s equivalent to about 21 percent of the average daily value of shares bought and sold in Hong Kong over the past year, and 14 percent of daily trading on the Shanghai Composite Index, according to data compiled by Bloomberg.
Updated 6 Years ago

Federal Reserve Chair Janet Yellen and her international counterparts are suffering from a case of what psychologists call confirmation bias: They keep insisting inflation will accelerate even as it continues to ebb. That’s the diagnosis of Ethan Harris, co-head of global economics research at Bank of America Corp. in New York. He says central bankers are seeing what they want to see by blaming subpar inflation in their countries on temporary, partly home-grown forces. That risks ignoring more lasting, global influences ranging from weak worldwide demand and more emerging-market competition to cheap labor in developing nations, cooling commodity prices and technological breakthroughs.
Updated 6 Years ago

Russia can’t continue to prop up Ukraine’s faltering economy, and this responsibility should fall on the US and EU, which have recognized the authorities in Kiev but not yet given one dollar to support the economy, President Putin has said. “The situation is - to put it kindly, strange. It’s known our partners in Europe have recognized the legitimacy of the government in Kiev, yet have done nothing to support Ukraine – not even one dollar or one euro,” Putin said at a meeting with government officials at his residence outside of Moscow.
Updated 6 Years ago

A former executive of the Dutch bank ABN AMRO has committed suicide after killing his wife and daughter, and the head of Liechtenstein's Bank Frick has been found shot dead in a car park. The suspect in the Frick shooting had a grudge against the bank. Jan Peter Schmittmann, the 57-year old former head of domestic operations at ABN AMRO was found dead on Saturday in the wealthy Amsterdam commuter town of Laren. He was discovered along with the bodies of his 57-year-old wife, and 22-year-old daughter.
Updated 6 Years ago

The Senate Wednesday passed a N4.695 trillion budget for the 2014 fiscal year. The come as the House of Representatives is equally likely to consider and pass the budget today.
Updated 6 Years ago

Apple (AAPL) and Samsung (005930:KS) shipped about 470 million smartphones between them last year, just under half the total shipped worldwide. When you adjust for the fact that both companies are selling more expensive devices, the two account for more than 65 percent of the value in the smartphone market. Yet both companies seem uneasy.
Updated 6 Years ago

Most audiences sit back, listen, and are left to find meaning in what the speaker is saying. But fortunately, with careful crafting, you can include three concepts in your presentation to help audiences remember your speech: variation, relevance, and emotion. Here's a look at all three and how they'll make your speech memorable.
Updated 6 Years ago