By Ifeanyi Onuba, Abuja The Nigeria Deposit Insurance Corporation has taken another bold step to consolidate the reforms in the banking sector as it has unveiled a fresh set of examiners for the sector. The move is also part of measures aimed at protecting depositors, ensuring stability in the banking […]

By Ademola Alawiye Deposit Money Banks in the “rescued” category that have not signed Memoranda of Understanding with core investors are fast-tracking the process to hedge against post-election uncertainties, investigation by our correspondent has revealed. Our correspondent gathered from sources close to the deals that the remaining banks would sign […]

By Agency Reporter United States stocks rose, with the Standard & Poor’s 500 Index extending its weekly rally, as forecasts at Oracle Corporation and Accenture Plc beat estimates.  Bloomberg News reported on Friday that Portuguese bonds fell after S&P downgraded the country’s debt, while the Australian dollar touched a record […]