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Habib Bank set to acquire Bank PHB

  30/08/2010 14:24:00    Unlike many of the other rescued banks Bank PHB may no need to look far in its quest for a core investor. Reason: reports reaching Business Hallmark at the weekend indicate that one of the bank’s institutional shareholders, Habib Bank Limited is set to increase its […]

Banks get CBN deadline on uniform account numbering system

  TUESDAY, 31 AUGUST 2010 FROM MATHIAS OKWE   Banks have been given nine months to adopt a uniform account numbering system or face stiff sanctions.The Central Bank of Nigeria (CBN), which gave the directive said the Bankers Clearing House has witnessed an upsurge in the volume of ACH (automated […]

Court throws out SEC’s motion against Okereke-Onyiuke

  Written by Friday Ekeoba, Lagos Tuesday, 31 August 2010   In what was believed to be a first win, on Monday, a federal high court, in Lagos, has thrown out a motion filed by the Securities and Exchange Commission (SEC), praying that the preliminary objection to the suit instituted […]