ByAdemola Alawiye Tuesday, 14 Dec 2010 The Chairman of the Chartered Institute of Bankers of Nigeria, Lagos State chapter, Mr. Bayo Olugbemi, has blamed the crisis in the Nigerian financial system in general on the lack of proper monitoring and regulation by the authorities. Speaking in Lagos, after his re-election […]

By Agency Reporter Tuesday, 14 Dec 2010 Some stakeholders in the financial sectors have urged the Central Bank of Nigeria to impose strict penalties on microfinance banks operators that fail to abide by its rules and regulations. They said this at the just concluded Nigeria Deposit Insurance Corporation’s 2010 workshop organised […]

By Stanley Opara Tuesday, 14 Dec 2010 Unity Bank Plc, Standard Chartered Bank, GTHomes and FBN Mortgages have invested the sum of N10bn in the on-going ”La Plage” Lekki Business District project in Lagos State. The project had Unity Bank as its major financier with N5.5bn facility, the project‘s developers, Uren […]