By Emele Onu, 07.11.2010    The Nigeria Deposit Insurance Corporation (NDIC) has called on the Management of Ecobank Plc to conclude payments to all depositors of the acquired African International Bank Limited (AIB).   The bank is yet to pay about N1.6 billion, out of the N10.9 billion deposits […]

  By Emele Onu, 07.11.2010    The Central Bank of Nigeria (CBN) has removed some of the restrictions it imposed on the credit operations of banks by amending relevant portions of the Prudential Guidelines that became effective May 1, this year.   Going by the new Prudential Guidelines circulated to […]

  By Goddy Egene, 07.11.2010    Secondary trading in the Federal Government Bonds slowed down in the first six months of 2010, indicating a week patronage of gilt-edge securities.   The FG bonds  used  to witness significant increase regularly at the over-the-counter (OTC) market. However, trading data obtained from the […]