By Ademola Alawiye Thursday, 3 Feb 2011 Shareholders of Sterling Bank Plc on Wednesday approved the decision of the board that the financial institution should operate as a national bank. The decision follows the new guidelines by the Central Bank of Nigeria, which categorises banks into three segments. The apex body […]

By Ademola Alawiye with agency report Thursday, 3 Feb 2011 The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, said on Wednesday that four of the nine rescued banks that failed the joint stress test carried out by the CBN and the Nigeria Deposit Insurance Corporation would sign agreements […]

Rupert Murdoch’s News Corp. taps into iPad’s popularity with daily newspaper made for tablet  On Wednesday February 2, 2011 NEW YORK (AP) — A daily newspaper designed specifically for Apple’s hot-selling iPad is now available from News Corp. The experimental newspaper, called The Daily, debuted Wednesday in Apple Inc.’s App […]