Jun 21, 2010 By Babajide Komolafe  Last week, the Nigeria Deposit Insurance Corporation (NDIC) held a training programme for its examiners on risk based supervision.  In this interview, Alhaji Umar Ibrahim, acting Managing Director/chief executive of the Corporation, disclosed that the implementation of risk based supervision would […]
Author: InvestAdvocate
Custodian & Allied records N2.02bn profit
Jun 21, 2010 Patience Saghana Custodian and Allied Insurance Plc recorded a gross profit of N2.02 billion for the year ended 31st December, 2009. The company’s gross premium increased by 29 per cent from N4.1billion in December, 2008 to N5.3billion in 2009.  The company holds the Nigerian National Petroleum […]
Fair valuation of bank loans will increase volatility of shareholder interest, Fitch
June 21, 2010 By Omoh Gabriel Business Editor The new requirement by financial regulators across the globe as a result of the impact of the global financial crisis on economies is generating heated debate and controversies. Specifically the requirement that bank loans be measured on the balance sheet at fair […]
