By Chinyere Fred-Adegbulugbe Monday, 10 Jan 2011 In an attempt to avert the planned nationwide shut down of their operations, the managements of Oceanic Bank International Plc, Intercontinental Bank Plc and Unity Bank Plc have reached out to the workers’ unions for negotiations. The President, Association of Senior Staff of Banks, […]

By GBENGA AGBANA Monday, 10 Jan 2011 The commencement of operations by the Asset Management Corporation of Nigeria and its purchase of banks‘ toxic assets have rekindled hope that investors in the nation‘s capital market, who have had to endure monumental losses in recent times, may likely reap good dividends this […]

By Stanley Opara Monday, 10 Jan 2011 The governor, Central Bank of Nigeria and chief executive officers of Deposit Money Banks have owned up to the neglect of critical sectors of the economy by the nation‘s financial sector. At the Bankers Committee meeting held in Enugu, the stakeholders noted that unfortunately, […]