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CSCS: Only 40% investors embrace e-dividend payment

  Peter OBIORA investadvocate Lagos (INVESTADVOCATE)-The Central Securities Clearing System Limited (CSCS), the Nigeria’s Clearing House has reported that only 40 percent (40%) investors in the Nigerian Capital Market (NCM) has embraced the electronic dividend system of payment (e-dividend) introduced into its Market February 28 2008.   A Source at […]

Reforms: NDIC unveils 160 new bank examiners

By Ifeanyi Onuba, Abuja The Nigeria Deposit Insurance Corporation has taken another bold step to consolidate the reforms in the banking sector as it has unveiled a fresh set of examiners for the sector. The move is also part of measures aimed at protecting depositors, ensuring stability in the banking […]

Banks move to close recapitalisation deals before polls

By Ademola Alawiye Deposit Money Banks in the “rescued” category that have not signed Memoranda of Understanding with core investors are fast-tracking the process to hedge against post-election uncertainties, investigation by our correspondent has revealed. Our correspondent gathered from sources close to the deals that the remaining banks would sign […]