July 16, 2010   The Central Bank of Nigeria (CBN) has enhanced the participation of shareholders in the recapitalisation of  rescued banks by bestowing on them the power to midwife the process.They would also take the final decision on who invests in the financial institutions.   With this development, […]

  Written by Odidison Omankhanlen and Friday Ekeoba, Lagos Wednesday, 14 July 2010   Barring any unforeseen circumstance, the Asset Management Company (AMC), an establishment that will soak up bad debts in the banking sector, is set to take off in the next two weeks.   This follows the receipt […]

  FRIDAY, 16 JULY 2010 01:20 CHUKA UROKO     The real estate sector of the economy has seen a substantial drop in bank lending that hovers between 60 and 70 percent following the credit squeeze in the banking sector. Due more to the on-going banking reform than the global economic […]