Monday, 15 Nov 2010 The total net assets of the 12 publicly quoted banks that passed the Central Bank of Nigeria‘s stress test have increased in value to N1.89tn, investigation by our correspondent has revealed. A bank’s net asset is its total assets less total liabilities. The net assets of […]

By Peter OBIORA investadvocate Nov 13 2010 16.20 GMT Ijebu-Ode (INVESTADVOCATE)-N53 billion has been reported to have been lost by Banks through frauds associated to the Automated Teller Machine (ATM) and Electronic Transaction.   Dr. Uju Ogubunka, Registrar of the Chartered Institute of Bankers of Nigeria (CIBN) made this affirmation Saturday […]

11/11/2010 Present at the meeting were the MD of AMCON, Mustafa Chike Obi; Celine Loader, Consultant to CBN on Communications and Public Relations; Folakemi Fatogbe, Special Adviser to the Governor on Risk and Director of Risk Management; amongst others. The bulk of the audience constituted stockbrokers, investors and few analysts. […]