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Changing the face of insurance through MDRI

By Nike Popoola Monday, 13 Dec 2010 The Market Development and Reconstructuring Initiative is NAICOM’s initiative aimed at deepening insurance penetration in the country. NIKE POPOOLA reports its components and how all the sectors that make up the insurance industry are contributing to the scheme. Early this year, when the National […]

Uncertainty in political environment may affect banks’ recapitalisation – Experts

By Stanley Opara Monday, 13 Dec 2010 Indications emerged on Saturday that foreign investors’ reluctance to close deals on some of the banks rescued by the Central Bank of Nigeria last year, might be as a result of uncertainty in the Nigerian political environment. Our correspondent gathered from sources close to […]

CBN pledges support for SME growth

By Matthew Ojebola Monday, 13 Dec 2010 The Central Bank of Nigeria has affirmed its support for small and medium enterprises as part of its contribution towards SME growth in Nigeria. The Deputy Director, Other Financial Institutions Department, CBN, Mr. Yemi Bedu, said this at the Quarterly Chief Executive Officers Business […]