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Ireland: Banks need euro24B more to survive shocks

Irish Central Bank says Ireland’s banks need euro24 bln ($34 bln) more to withstand future shocks Shawn Pogatchnik, Associated Press DUBLIN (AP) — Ireland’s cash-strapped banks need another euro24 billion ($34 billion) in coming months to demonstrate that they won’t collapse in the face of future crises, the Irish Central […]

Buyers Beware: Shareholders accuses CBN of aiding Union Bank’s MOA

  Peter OBIORA investadvocate Lagos (INVESTADVOCATE) – Shareholders under Sir Sunny Nwosu, the National Coordinator, Independent Shareholders Association of Nigeria (ISAN) has accused the Central Bank of Nigeria (CBN), its Governor, Sanusi Lamido Sanusi, and their hirelings with offers to acquire, takeover or buy into the assets and/or business of […]

CBN to sack bank CEOs for misreporting

By Ayodele Aminu Any bank or discount house chief that deliberately misreports its financial statements will be removed from office by the Central Bank of Nigeria (CBN). Also to lose his or her job is the compliance officer of any institution, whose primary duty is to ensure that the financial […]