The process of selling Mainstreet Bank and Enterprise Bank, two of the three nationalised banks owned by the Federal Government, will be completed on or before September 15 this year, the Chief Executive Officer, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, disclosed in an exclusive interview with our correspondent […]

The Head of Shared Services of the Central Bank of Nigeria (CBN) Mr. Chidi Umeano yesterday shed light on the introduction of the cashless policy, saying it was meant to discourage excessive use of cash in the economy. According to him, use of cash had negative consequences such as high […]

The past five years have been a time of change for the nation’s banks, but not all of it has been for the good. In a recent report on the sector, analysts at Ecobank Research, part of the pan-African banking group, say strategies being pursued by banks in the country […]