There’s a transition to macro and niche banking. Would you say this phase of banking is in the interest of Nigeria compared to what is happening in South Africa, Ghana and other parts of the world?  I think it’s good because the capital requirement for a small bank […]
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CBN Mops N132bn from Circulation
By Emele Onu, 06.30.2010  The Central Bank of Nigeria (CBN) plans to raise the sum of N132 billion today, as part of its mop up activities, using its open market operations. The monetary authority plans to raise N132.14billion in 91-day, 182-day and 364-day treasury bills.   Details […]
First Bank renews N2b suit against govt, others over Ajaokuta
WEDNESDAY, 30 JUNE 2010 BY JOSEPH ONYEKWERE  First Bank of Nigeria Plc has renewed its suit at the Lagos High Court against the Federal Government of Nigeria (FGN), over N1.98 billion debt owed it under the concession agreement reached between the FGN and Global Infrastructure Holdings Limited (GIHL) […]

