MONDAY, 19 JULY 2010 01:11           Inter-bank lending rates retreated to 1.41 percent on average last week from 8.25 percent penultimate week following a large injection of funds from government allocations to public sector agencies, traders said weekend. N413.28 billion ($2.8 billion) was distributed from the federation accounts to […]

  MONDAY, 19 JULY 2010 01:21 JOHN OMACHONU & BLESSING ANARO     After a series of harsh words which depressed the banking industry, the recent recant of the Central Bank of Nigeria (CBN) on some core issues in its industry reforms is set to blow some desperately needed air of […]

  Jul 19, 2010 By The recent examination of microfinance banks (MFBs) by the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) has revealed some irregularities and unethical practices in the MFB sub-sector.   It would be recalled that, following signs of distress in some MFBs and […]