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Banks opt for direct sale to save operational cost

THURSDAY, 14 OCTOBER 2010 BY ENITAR UGWU   Nigerian banks are obviously facing hard times and have turned to direct sale option, against outright employment, to save operational cost.Direct sales agent structure enables banks to recruit contract staff whose job is to mobilise retail deposits on behalf of the banks.The […]

Nigerian Banks gain top honours at African Banker’s Awards 2010

Oct 14, 2010 Michael Eboh   Access Bank Plc and EcoBank Nigeria Plc where amongst two Nigerian banks that picked up awards at this year’s prestigious African Bankers Awards, held in Washington recently.French speaking African banks also celebrated two coveted awards on offer during the event. The Moroccan bank Attijariwafa […]

CBN inaugurates ACB complex

Thursday, 14 October 2010   The Central Bank of Nigeria (CBN), on Wednesday, in Abuja, inaugurated the office complex of the steering committee of African Central Bank (ACB), to foster financial integration among African countries.   CBN governor, Mallam Lamido Sanusi, at the ceremony, said the decision to locate the […]