TUESDAY, 27 JULY 2010 01:19 BLESSING ANARO     In its continued effort at reforming the financial system, the Central Bank of Nigeria (CBN) has reviewed its guidelines for licensed specialised institutions. Specifically, the new guidelines stipulate that merchant banks take deposits in an amount not below N100 million.   […]

    Tuesday 27 July 2010    Vince Cable today issued a clear warning to the City that the government would be carefully scrutinising bonuses and dividend payouts, just days before the major high street banks begin publishing their latest profit figures.   The business secretary said banks should be […]

  TUESDAY, 27 JULY 2010 BY TOSIN FODEKE   The naira gained strength at the foreign exchange market yesterday, following sufficient supply by the Central Bank of Nigeria (CBN), but weakened at the interbank market due to banks’ reluctance to sell dollars in the market.   At the Whole Dutch […]