The biggest hindrance to real development in Nigeria is the perennial energy problem. Electricity in this nation of nearly 200 million people is epileptic and grossly inadequate to say the least. To put things in perspective, electricity currently reach less than 50% of the nation and is available less than 50% of the time. Even [...]

So far it seems like a trickle, between July 11 and August 22, US regulators have shuttered five banks, bringing the year’s total to nine. Columbian Bank and Trust Co. of Topeka, Kansas had $762 million in assets and $622 million in deposits according to the FDIC who also expect the recent failure to cost [...]

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