By Stanley Opara   Tuesday, 14 Sep 2010   The Chartered Institute of Bankers of Nigeria has listed low level of confidence in the financial system and lack of credit among the numerous challenges mitigating against the stability of the Nigerian economy. The body, however, said there was the […]

  By Agency reporter   Tuesday, 14 Sep 2010 The Central Bank of Nigeria has assured depositors that no bank will collapse again in the country with the current reform in the banking sector. The Deputy Governor, Financial Stability and Banking Supervision, CBN Mr. Kingsley Mmuoghalu, gave the assurance when […]

    By Agency reporter   Tuesday, 14 Sep 2010 Bank stocks rose worldwide as regulators gave firms more time than analysts expected to comply with stiffer capital requirements aimed at preventing future financial crises. JPMorgan Chase & Company and Bank of America Corporation led the KBW Bank Index to […]