By Emele Onu, 08.17.2010    The West African Monetary Zone (WAMZ) is embarking on cross-border bank supervision to promote the safety, soundness and resilience of the individual member countries’ financial system.   The College of Supervisors of the WAMZ (CSWAMZ) held its inaugural meeting yesterday in Abuja to fine-tune […]

  August 17, 2010   Nigeria FORECAST: Ruling PDP may split over Abubakar/Babangida poll challenges to Jonathan   Analysis: On August 15, Nigeria’s former Vice President, Atiku Abubakar, formally declared his intention to challenge President Goodluck Jonathan as leader of the ruling People’s Democratic Party (PDP) ahead of the 2011 […]

  By Emele Onu with agency report, 08.17.2010    Prospective and ready buyers have emerged for four of the eight banks rescued by the Central Bank of Nigeria (CBN) last year, the apex bank’s Governor Sanusi Lamido Sanusi said yesterday, although he did not disclose the names of the banks […]