The Central Bank of Nigeria has noted the above captured headline in a syndicated report in some national newspapers of Saturday, 10th July, 2010 in which the Governor, Mallam Sanusi Lamido Sanusi was alleged to have referred to Nigerian banks as gambling houses. The CBN wishes to state […]

  10 July 2010 – First Bank of Nigeria Plc has concluded plans to buy one of the eight banks that were bailed out by the Central Bank of Nigeria (CBN) last year.   Chairman of the bank, Oba Otudeko, who disclosed this in Johannesburg,  South Africa, on Friday  also […]

  By Ronke Badmus Monday, 12 Jul 2010    The Chief Executive Officer , Intercontinental Homes, Mr. Adeniyi Akinlusi, has said that the recent step taken by the Central Bank of Nigeria to reform the banking sector, including the Primary Mortgage Institutions, will result in a couple of mergers and acquisitions. […]