FRIDAY, 24 SEPTEMBER 2010 BY HELEN OJI  BGL Asset Management Limited (AML) has concluded plans to sale N2 billion units of shares and N500 million units of both BGL Sapphire Fund and BGL Nubian Fund at the price of N1.00 per share.The floating of the offers, which is […]
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Panic withdrawals trail CBN’s revocation of 200 microfinance banks’ licences
FRIDAY, 24 SEPTEMBER 2010 HOPE MOSES-ASHIKE    Worried depositors of microfinance banks (MFBs) have being besieged the banks demanding their money, following Central Bank of Nigeria’s (CBN’s) revocation of the licences of 200 MFBs. A large crowd of depositors was seen at most of the banks visited by BusinessDay. […]
CBN to slash banks’ overheads by 30 per cent
Written by Lanre Oyetade, Adekunle Tayo, Odidison Omankhanlen and Gbola Subair Friday, 24 September 2010  The Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, on Thursday, said that through the various initiatives being spearheaded by the apex bank, the overheads of banks were expected to be […]
