Peter OBIORA investadvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria has affirmed that it has not approved any Memorandum of Understanding following speculations and unsavoury comments on the proposed mergers and acquisitions of rescued Banks. As it is subject to Board of Directors and Shareholders approval. This was contained in a […]

  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 […]

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 […]