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Bank chiefs should play by the rules – CIBN boss

By Stanley Opara Tuesday, 30 Nov 2010 The President and Chairman of Council, the Chartered Institute of Bankers of Nigeria, Mr. ‘Laoye Jaiyesola, has said Nigerian bank chiefs should play by the rules at all times to restore people’s confidence in the finance sector. Jaiyesola, who spoke at the 2010 Annual […]

Standard Chartered pledges support for FMCG sector

By Agency Reporter Tuesday, 30 Nov 2010 Standard Chartered‘s Private Equity division has announced its strategic investment in Lodestone Brands. Lodestone Brands is seeking to build a leading Fast Moving Consumer Goods business in Sub-Saharan Africa. The firm recently acquired 80 per cent of South African sugar confectionary manufacturer, Candy Tops […]

NDIC to pay N1.6bn to microfinance bank depositors

By Agency Reporter Tuesday, 30 Nov 2010 The Nigerian Deposit Insurance Corporation will soon commence payment of N I.6bn claims to some customers of microfinance banks whose licences were revoked. An authoritative source in the corporation disclosed this to the News Agency of Nigeria in Lagos on Monday. He said that […]