By Ademola Alawiye Friday, 11 Feb 2011 Following the directive given to Deposit Money Banks by the Central Bank of Nigeria to submit compliance plans on their business models, investigations have revealed that five banks may apply as holding companies in the new banking regime. According to a research investigation report […]

By Agency Reporter Friday, 11 Feb 2011 The Hong Kong Stock Exchange, the world’s most valuable market operator, said it would consider international alliances after Deutsche Boerse and NYSE Euronext announced plans to form a global trading powerhouse. Reuters reported on Thursday that Deutsche and NYSE said they were in advanced […]

By Ifeanyi Onuba with agency report Friday, 11 Feb 2011 The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Thursday in Abuja expressed the hope that West Africa would meet the target of using a single currency by 2015. The idea of the single currency, initiated by the […]