Monday, 8 Nov 2010 SEVENTY per cent of adult Nigerians do not have bank accounts, a report by Enhancing Financial Innovation and Access has said. According to the report, which was presented in Lagos on Thursday, Nigeria remains largely unbanked with only 25.4 million people, representing 30 per cent of […]
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Rescued banks: Investors gain on AMCON, corporate scorecards
Monday, 8 Nov 2010 Expectations of better performances and enhanced returns to shareholders, following the approval of the operations of the Asset Management Corporation of Nigeria, have impacted positively on the share prices of the banks rescued by the Central Bank of Nigeria last year. For instance, the share price […]
Bureaux De Change: ‘Withdrawal of ‘A’ licences’ll remove monopoly’
Monday, 8 Nov 2010 The Association of Bureaux De Change Operators of Nigeria has said that the withdrawal of Class ‘A’ Bureau de Change licences will eliminate monopoly in the foreign exchange market. In a statement by the association on Friday, the President, ABCON, Dr. Emmanuel Balogun, said that the […]
