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Nigerian Banks urged to embrace Customer Identity Solution to checkmate fraud-Expert

By Peter OBIORA investadvocate Oct 12 2010 02.40 GMT   Nigerian Banks have been urged to apply the Customer Identification System (CIS) a biometrics solution to checkmate fraud in its operations.   Niyi Ajetumobi, Managing Director/ Chief Executive Officer (MD/CEO) of   NAJCOM Technologies Limited (NAJCOM), first certified resellers of the solution […]

LASACO increase PAT by 8.87% increase in year 2009 Audited result

  By Peter OBIORA investadvocate Oct 12 2010 01.00 GMT   Lagos (investadvocate)-LASACO Assurance (Plc LASACO) has increased its Profit After Tax(PAT) by 8.87 percent (8.87%) for the Audited Year Ended December 31 2009 released Monday October 11 2010 at the Floor of the Nigerian Stock Exchange (NSE) in Lagos […]

Govt May Acquire Major Stakes In Rescued Banks

  Sunday, 10 October 2010 00:00 by Marcel Mbamalu What appears a temporary end to a100 per cent private-sector dominance in commercial banking is in the offing, following plans by the Federal Government to acquire controlling shares in, at least, seven commercial banks in Nigeria.   The banks include Afribank, […]