By Agency Reporter The Asset Management Corporation of Nigeria has recovered N10bn debt owed Deposit Money Banks since its inception in November 2010, its Executive Director, Mr. Adegboyega Benson, has said. Benson made this known at the Capital Market Solicitors Association Members’ Forum in Lagos on Tuesday. He said that […]

By Agency Reporter Abbey Building Society Plc has given a N650m loan to Baze University, Abuja, for funding education infrastructure. According to a statement by Abbey on Tuesday, the alliance between Baze University and Abbey is meant to take advantage of the mortgage bank’s deep insight and knowledge in supporting […]

By Agency Reporter The Central Bank of Nigeria has directed commercial banks to report bank frauds to it monthly. The Deputy Director, Banking Supervision Department, CBN, Mr. Kevin Ibedu, gave the directive in the March edition of “N-SACC News”, a publication of the Nigerian South African Chamber of Commerce, made […]