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Analysts raise moral questions over purchase of toxic assets by Asset Management Company

  TUESDAY, 22 JUNE 2010 01:23 JOHN OMACHONU    Fresh worries, bordering on the moral justification for expending tax payers’ funds on the controversial toxic assets of banks through the proposed Asset Management Company (AMC) may stall the take-off of the facility with questions being asked on the sourcing of […]

New CBN report catalogues mess in power sector

  TUESDAY, 22 JUNE 2010 01:24    A new report prepared for the Central Bank and the Committee of Bankers has offered a comprehensive insight into the hapless state of Nigeria’s public power sector which has become a drainpipe into which more than one Ntrillion has been sunk, and is […]

Depositors of liquidated microfinance banks will be paid, NDIC boss

  Jun 21, 2010 By Babajide Komolafe   Last week, the Nigeria Deposit Insurance Corporation (NDIC) held a training programme for its examiners on risk based supervision.   In this interview, Alhaji Umar Ibrahim, acting Managing Director/chief executive of the Corporation, disclosed that the implementation of risk based supervision would […]