Pursuant to the takeover of AfriBankPlc, Bank PHB Plc, and Spring Bank Plc by the Nigerian Deposit Insurance Corporation (NDIC) on Friday, August 5, 2011 and subsequent purchase of the banks by Asset Management Corporation of Nigeria (AMCON), The Nigerian Stock Exchange (The Exchange) has placed the shares of the […]

The need to achieve financial inclusion for the over 80 million unbanked Nigerians has seen a number of registered merchants, in several areas of Lagos, offering easy financial access to those without bank accounts , writes DAYO OKETOLA The huge gap between people who have access to banking facilities and […]

By Nike Popoola The National Insurance Commission has refuted reports that the commission will return the 2010 financial reports of insurance companies that fail to meet the International Financial Reporting Standards. The Technical Director, Finance, NAICOM, Mr. George Onekhena, was said to have disclosed this “in an interview with the […]