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CBN Unveils Guidelines for International Money transfer Operators

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday announced it has released guidelines for the operations of inbound and outbound international money transfer services in the Nigeria. This is contained in a circular with reference number TED/FEM/FPC/GEN/01/016 dated September 16 and signed by I.O. Gbadamosi, […]

FCMB Group Names Martin Dirks Director

By InvestAdvocate Lagos (INVESTADVOCATE)-FCMB Group Plc on Friday said it has appointed Martin Dirks as a non-executive director of the Group, the lender said in a statement to the Nigerian Stock Exchange (NSE). According to the FCMB Group, Dirks holds over 25 years of seniour management experience in demanding international […]

Reforming the Corporate Governance of Italian Banks

Sept 25, 2014/IMF-Nadège Jassaud The recent financial crisis revealed several corporate governance failures in the banking sector, both in the United States and in Europe. The Boards of several key financial institutions were found to have been unable either to monitor risk management systems and executive salaries effectively (United States […]