Following the final approval given by the Central Bank of Nigeria (CBN) to 11 operators, which include banks, to commence commercial rollout of mobile money transaction in the country, more banks are doing everything possible to ensure they are licensed to operate mobile money business in the country. Inside sources […]

The House of Representatives Wednesday mandated its committee on capital market and institutions to carry out a thorough investigation to identify latent and manifest problems that are militating against the smooth operation of the capital market.  The resolution to probe the capital market was taken following a motion by the […]

The U.S. banking industry is slowly getting its footing after being on life support during much of the past three years ago. The FDIC’s 7,436 banks and savings institutions collectively earned $35 billion in the third quarter. It was the most profitable quarter since the three months ending in June […]