By Emele Onu and James Emejo, 07.06.2010    Despite the modest profits recorded by some of the banks in the first quarter, Nigerian banks still have a long way to go in addressing the holes in their balance sheets, Central Bank (CBN) Governor Sanusi Lamido Sanusi said yesterday.He also […]

  By Emele Onu, 07.06.2010    The Central Bank of Nigeria (CBN) and the E-Payment Providers Association of Nigeria (E-PPAN), the umbrella body for e-payment providers in the country are to partner for promoting Point of Sales (PoS) terminals usage in Nigeria.      A statement by E-PPAN quoted the […]

  By Monday, 5 Jul 2010 The Nigerian Stock Exchange has removed Union Bank of Nigeria Plc and Ecobank Nigeria Plc from the NSE Banking -10 Index.   The index committee, after reviewing the banking index in its quarterly meeting, replaced the two banks with Fidelity Bank Plc and Skye […]