Author: InvestAdvocate

Nigeria’s Donor-Funding Support Hits $4.2bn

  By James Emejo in Abuja, 07.09.2010   Minister of Finance, Mr. Olusegun Aganga yesterday revealed that the combined funding support by donor agencies including the World Bank, African Development Bank (ADB), International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IDB) to Nigeria stood at about $4.226 […]

Sanusi: Nigerian Banks in Better Shapes

  From Seriki Adinoyi in Jos, 07.09.2010   Central Bank of Nigeria (CBN) yesterday disclosed that despite all the challenges faced in Nigerian banking sector,  “our banks today are in better shapes that many of the European banks”.Presenting a paper on The Challenges and Implications of the Banking Sector Reforms […]

CBN Extends Implementation of Prudential Guidelines

  By Emele Onu, 07.09.2010   The Central Bank of Nigeria (CBN) has extended by two months the implantation date for the new Prudential Guidelines for Banks.The guidelines which were first issued in May, this year was re-issued yesterday and the effective date for implementation moved from May 1 to […]