The managing director, Asset Management Corporation of Nigeria (AMCON), Mr Mustafa Chike-Obi, at the weekend offered insights on the decision of the corporation to start the sale of its three banks – Enterprise Bank, Keystone Bank and Mainstreet Bank, describing the step as the best way forward for a successful […]
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CBN committed to effective e-payments system – Sanusi
The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said that the bank remains committed to achieving the vision of providing Nigeria with a secure, robust and accessible payment infrastructure. A statement from the website of the bank on Friday quoted Sanusi as saying that the bank had taken […]
Six states, FCT control 90% of cash transactions
The Central Bank of Nigeria has said that Lagos State, five other and the Federal Capital Territory control about 90 per cent of cash transactions in the country. The other states, according to the apex bank, are Rivers, Anambra, Abia, Kano, Ogun. The Deputy Governor, Operations, CBN, Mr. Tunde Lemo, […]

