By Ademola Alawiye Wednesday, 16 Feb 2011 As the picketing by the Nigerian Labour Congress enters the third day, industry watchers urge the NLC and the bank to desist from further actions that may be prejudicial to industrial peace and harmony in the banking sector. Ademola Alawiye analyses the ongoing crisis […]

By Ademola Alawiye Wednesday, 16 Feb 2011 The Central Bank of Nigeria has intervened in the foreign exchange market, offering $200m for sale at the foreign exchange auction. According to information obtained by our correspondent on Wednesday, the total amount sold at the Wholesale Dutch Auction System was $200m while the […]

 Agency Reporter Wednesday, 16 Feb 2011 Access Bank plc of Nigeria and two other banks, Citi Bank of America and BICICI Bank of France have shut down their operations in Cote d’Ivoire, following prolonged political stalemate in that country. BICICI is a subsidiary of the French BNP Baribas. A statement […]