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UBA launches three new products

  MONDAY, 04 OCTOBER 2010 00:00 BY FAITH OPARAUGO   United Bank for Africa (UBA Plc), has launched three trade’s related products designed to boost trade and commerce in Africa.Basically, the products, AfriTrade, AfriCard and AfriCash, which were launched in Lagos recently, will leverage on the growing continental presence of […]

Rescued banks recover N540.7bn bad loans – Investigation

    By Ademola Alawiye  Monday, 4 Oct 2010   The special audit by the CBN and the NDIC may be over but the struggle by the rescued banks to recapitalise and recover bad loans is still on. Ademola Alawiye examines how far the banks have gone in recovering bad […]

Bad loans: Spring Bank‘s shareholders ask debtors to pay back

By Ademola Alawiye  Monday, 4 Oct 2010   Shareholders of Spring Bank Plc have called on people and organisations that are indebted to it to pay back so as to reduce the bad loans that the Asset Management Corporation will be buying from the bank.The shareholders made the plea during […]