Since the global economic meltdown in 2008 and the banking crisis that followed, the Nigerian equities market has been in a tailspin. To reverse the trend, the Securities and Exchange Commission recently set up a committee to come up with strategies to restore investor confidence in the new year, writes […]

As the cashless policy of the Central Bank of Nigeria takes off today in Lagos under the pilot phase of the programme, the CBN has given the nod to money deposit banks to invest in duly licensed cash management companies that will take over the management of cash for banks […]

Further to regulatory and legal approvals of the business combination between Access Bank Plc and Intercontinental Bank Plc, shareholders of both institutions unanimously sanctioned the   business combination at their court-ordered meetings in Lagos on Friday. By this approval, the entire share capital of Intercontinental Bank Plc has been cancelled and […]