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Stakeholders advise CBN to consolidate banking reforms

By Agency reporter Friday, 31 Dec 2010   Stakeholders in the financial sector have called on the Central Bank of Nigeria to take measures that will stimulate full recovery of the sector in 2011. They said the CBN needed to be proactive in implementing policies that would give the sector more […]

Account verification: December 31 deadline sacrosanct -CBN

ByIfeanyi Onuba, Abuja Friday, 31 Dec 2010 The Central Bank of Nigeria has said that it will not extend the December 31 deadline given to customers of Deposit Money Banks to update their records. The apex bank’s Head, Corporate Affairs, Mr. Mohammed Abdulahi, who disclosed this in an exclusive interview […]

AMCON to sign debt-purchase agreement with 21 banks today

By Ademola Alawiye Friday, 31 Dec 2010 The Asset Management Corporation of Nigeria will today (Friday) sign debt-purchase agreements with 21 Deposit Money Banks in the country. The Managing Director of the corporation, Mr. Mustafa Chike-Obi, told our correspondent that AMCON had sealed deals with 21 banks. He said Citigroup Incorporated […]