When the Central Bank of Nigeria (CBN) embarked on the banking reform under the extant Governor, Mallam Sanusi Lamido Sanusi, some stakeholders raised questions about the genuine and intuitive intentions of the reform agenda. Suffice to note that this group of stakeholders had no fundamental understanding of the breadth and […]
World News
NDIC Pays N90bn to Depositors of Failed Banks
The Nigeria Deposit Insurance Corporation has paid N90.13 billion to depositors of the 48 deposit money banks in-liquidation in the country as at December 31, 2012. The Managing Director/Chief Executive Officer of NDIC, Alhaji Umaru Ibrahim disclosed this Friday in Benin City, Edo State, during an address he delivered on […]
Jaiz Bank appoints Usman as acting MD
Jaiz Bank Plc has announced the appointment of Mr. Hassan Usman as its Acting Managing Director. The appointment, according to a statement issued on Wednesday by the bank, followed the resignation of the erstwhile Managing Director, Muhammed Bintube, after almost 10 years of service. Prior to his appointment, Usman was […]
