Author: InvestAdvocate

NAICOM partners NFIU on money laundering

  Wednesday, 30 Jun 2010       The Commissioner, National Insurance Commission, Mr Fola Daniel, has said that the commission is partnering the Nigerian Financial Intelligence Unit on the fight against money laundering and terrorism financing.   Daniel disclosed this in a statement made available to the News Agency of […]

DMO: Nigeria Raises $500m Bond by October

  By Emele Onu, 06.29.2010    The Debt Management Office (DMO) has said that Nigeria will be entering the international debt market for the $500 million Euro bond before the end of October this year.The Director General of the DMO, Dr Abraham Nwankwo, told THISDAY last Monday: “We are working […]

Niche Banking’s Good for Nigerian Economy

  There’s a transition to macro and niche banking. Would you say this phase of banking is in the interest of Nigeria compared to what is happening in South Africa, Ghana and other parts of the world?    I think it’s good because the capital requirement for a small bank […]