Thirteen investment banks, including Citigroup, Goldman Sachs and Deutsche Bank, will fight EU charges of blocking exchanges’ access to the credit derivatives market at a hearing next month, three people familiar with the matter said on Monday. The closed-door hearing comes nine months after the European Commission accused the banks […]

Respite may have started coming  the way of some former bank officials whose clearance had been delayed by the Central Bank of Nigeria (CBN) following the green light given to a former Executive Director of Union Bank Plc, Mr. Austen Obigwe by the central bank. Obigwe, who was cleared last […]

Justice J.T. Tsoho gave the order on Friday in a suit filed by Mr. Sanusi through his counsel, Kola Awodehin. A Federal High Court in Lagos has given a preservatory order restraining the Financial Reporting Council of Nigeria, FRCN, from investigating the suspended Central Bank Governor, Lamido Sanusi. Justice J.T. […]