AIG sues Bank of America, seeking $10 billion restitution on mortgage-backed securities Peter Svensson, AP Business Writer, On Monday August 8, 2011 NEW YORK (AP) — More trouble piled up for Bank of America Corp. on Monday, as American International Group Inc. sued it for more than $10 billion, saying […]

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 […]