By Segun Olatunji, Kaduna  Wednesday, 21 Jul 2010    The Central Bank of Nigeria is set to announce major policy reforms that will drastically reduce the number of microfinance banks operating in the country.Criticisms have continued to trail the operation of the MFBs, many of which are accused […]
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Recapitalisation: Shareholders Task Oceanic
By Goddy Egene, 07.21.2010  Shareholders of Oceanic Bank International Plc yesterday tasked the Board and management to ensure that an effective recapitalisation plan that will involve all stakeholders is adopted for the bank. The shareholders’ view, which was made known at an investors’ forum in Lagos on a […]
CBN on Banks Goodwill: BOFIA Bill before National Assembly to support dividend payment
By Peter OBIORA investadvocate July 20, 2010 18:00 GMT   The Central Bank of Nigeria (CBN) is trying to amend that portion of Goodwill on the Account Statements of Banks in order to allow for dividend payment in such circumstances.  Falalu Bello, Group Managing Director (GMD) of […]

