Thursday 16 September 2010    Spending on credit and debit cards rose at a near double-digit rate during the past year, challenging suggestions that consumers are tightening their belts, figures showed today.People spent 9.2% more on their cards during August than in the same month of the previous year, […]

  By MARCY GORDON, AP Business Writer Marcy Gordon, Federal regulators are set to propose new rules that could make it harder for financial firms to disguise their level of debt. The expanded disclosure requirements would apply to banks’ practice of temporarily trimming their debt at the end of quarters […]

  –Act on NAICOM’s directives By Peter OBIORA investadvocate Sept 18 2010 07.00 GMT     Lagos–Spring Bank Plc has injected N700 million into its insurance subsidiary, Spring Life Assurance Plc. Sola Ayodele, Group Managing Director/Chief Executive Officer (GM/CEO) of the Bank confirmed this to Media Executives on Tuesday September […]