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Launch of ₦50 Commemorative Note

  The Central Bank of Nigeria will release into circulation a commemorative ₦50 polymer note as part of the Golden Jubilee of Nigeria’s Independence.     The President and Commander in Chief of the Armed Forces, FederalRepublic of Nigeria, Dr. Goodluck Ebele Azikiwe Jonathan, GCFR will formally launch the ₦50 […]

Banks Face the Killing Yields

  September 28, 2010 by DAVID REILLY The financial-services industry is built for speed. But while superlow interest rates are meant to be high-octane fuel for the economy, they are gumming up financial engines.     The problem for many banks, insurers and fund managers is that their cost of […]

GT Bank Plans Acquisition of W’African Bank

  By Obinna Chima with Agency Report, 09.28.2010    Guaranty Trust Bank Plc (GT Bank) has revealed its plans to acquire a Francophone West African banks to increase it footprint in the region.The proposed acquisition came hours after United Bank for Africa Plc (UBA) said it plans to issue bonds […]