By Emele Onu, 08.04.2010    Former Vice-Chairman and Chief Executive Officer of Intercontinental Bank Plc, Dr. Erastus Akingbola, made a surprise return to the country yesterday and is said to be ready to challenge allegations levelled against him by the Central Bank of Nigeria (CBN). Akingbola, who has been […]

  WEDNESDAY, 04 AUGUST 2010 01:19   A number of potential investors in Nigeria’s rescued banks have completed due diligence but uncertainty over how the state’s “bad bank” will value non-performing loans could slow the sale process, banking sources have said.   The Central Bank of Nigeria (CBN) invited bids […]

  WEDNESDAY, 04 AUGUST 2010    Nigeria may soon join the elite list of countries using the International Financial Reporting Standards (IFRS) by 2012, following the adoption of the Nigerian Accounting Standards Board (NASB) Roadmap on the IFRS by the Federal Executive Council.   Addressing members of the Governing Council […]