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.  […]
Author: InvestAdvocate
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 […]

