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Shareholders sue CBN over plans to sell four banks

  By Gowon Emakpe August 19, 2010 11:23PM   The Central Bank of Nigeria (CBN) and its governor, Sanusi Lamido Sanusi, have been sued in a federal high Court in Abuja, over their much publicized plan to sell off the four troubled banks to new investors.   The shareholders of […]

Banks customers still paying for mistakes by investment bankers

  Julia Kollewe,  Friday 20 August 2010    • Barclays, RBS and Lloyds investment banks lost up to £118bn • Individuals and small businesses bear cost in higher charges   UK retail banking and small business customers are paying for the mistakes made by Britain’s big banks in the financial crisis […]

CBN Orders Uniform Account Number Scheme in Banks

  By Emele Onu, 08.20.2010    The Central Bank of Nigeria (CBN), has given banks operating in the country a maximum period of nine months to implement the Nigerian Uniform Bank Account Number scheme (NUBAN).    The CBN in a circular posted on its website yesterday and dated July 14, […]