By Babajide Komolafe & Amaka Agwuegbo Oct 11, 2010 In what is an unprecedented error by any regulatory body of its caliber, the Central Bank of Nigeria (CBN) has admitted that there were mistakes in the recent revocation of the operating licenses of 224 microfinance banks (MFBs).Although it is yet […]

By Etim Ekpimah Monday, 11 Oct 2010 A new report by an international watchdog, Global Witness, has accused banks in the United Kingdom of encouraging corruption in Nigeria and some other countries.The report listed the banks as Barclays, NatWest, UBS, and HSBC. It said this had raised questions about their […]

  11.10.2010    The Board of Directors of Skye Bank Plc has appointed Mrs. Moronkeji Onasanya as the new Chairman of the bank, following the retirement of the erstwhile chairman, Alhaji Musiliu Smith.   The bank said in a statement that Smith, who was the first chairman of the organisation, […]