Author: InvestAdvocate

Manufacturing gets CBN’s N150b push

  TUESDAY, 06 JULY 2010 FROM ALIFA DANIEL, TERHEMBA DAKA AND MATHIAS OKWE, ABUJA   The comatose manufacturing sector is to receive a N150 billion life-line from the Central Bank of Nigeria (CBN). Some 150 entrepreneurs and existing industries are to get N1 billion each to revive their operations.   […]

CBN: Banks Not Yet in ‘Positive Territory’

  By Emele Onu and James Emejo, 07.06.2010    Despite the modest profits recorded by some of the banks in the first quarter, Nigerian banks still have a long way to go in addressing the holes in their balance sheets, Central Bank (CBN) Governor Sanusi Lamido Sanusi said yesterday.He also […]

CBN, E-PPAN to Boost PoS Terminals

  By Emele Onu, 07.06.2010    The Central Bank of Nigeria (CBN) and the E-Payment Providers Association of Nigeria (E-PPAN), the umbrella body for e-payment providers in the country are to partner for promoting Point of Sales (PoS) terminals usage in Nigeria.      A statement by E-PPAN quoted the […]