Vice-President for Africa, World Bank, Mrs. Oby Ezekwesili, has resigned from the Bretton Woods institution, after five years of meritorious service. Her resignation takes effect from the first week of May. The World Bank President, Mr. Robert Zoelick, who made this known in a letter made available to THISDAY, said […]

Financial market experts at the weekend said the interbank market would have lost a total of N400 billion due to the nationwide strike and protest by labour and civil society groups against the removal of fuel subsidy last week. The interbank market is a short-term market for borrowing among commercial […]

The Commissioner for Insurance, Mr. Fola Daniel, has said that the commission has been instituting enduring machinery for the smooth divestment of banks from their insurance subsidiaries. Daniel, who stated this in an interview with our correspondent, said that the commission was protecting the interest of stakeholders in the insurance […]