TUESDAY, 27 JULY 2010 01:21          The World Bank through its private sector arm is providing funds that would enable Nigerian banks to buy distressed counterparts rescued in the N4 billion bail out last year.   This emerged as Asset Management Company of Nigeria (AMCON) will have […]

  Jul 26, 2010 By Babajide Komolafe   Like similar schemes before it, the N500 billion real sector fund has fallen victim of     internal bureaucracy of the Central Bank of Nigeria (CBN). Investigation revealed that two months after the release of the operational guidelines, banks are yet to disburse money […]

  TUESDAY, 27 JULY 2010 01:19 BLESSING ANARO     In its continued effort at reforming the financial system, the Central Bank of Nigeria (CBN) has reviewed its guidelines for licensed specialised institutions. Specifically, the new guidelines stipulate that merchant banks take deposits in an amount not below N100 million.   […]