Police were called to restore calm in eastern England after a cash machine started dispensing twice the money its customers were asking for. The Lloyds TSB cash machine in Ipswich began dispensing “free money” to customers Wednesday after the bank branch had closed for the evening. As word of the […]
Uncategorized
CBN ask Banks to Recapitalise Foreign Subsidiaries or Close Shops
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Central Bank has directed Banks to recapitalise their Foreign Subsidiaries or close down; as pressure from host Regulators mounts. This was contained in a Circular with reference number BSD/DIR/GEN/RFS/05/024 and dated May 18 2012 signed by Agnes Martins, Director of Banking Supervision at the […]
Education Minister, Ngugi wa Thiong’o Commend UBA Foundation’s ‘Read Africa’ Programme
Press Release LAGOS; 25/07/2012: The 2012 edition of ‘Read Africa’ initiative by the UBA Foundation; the Corporate Social Responsibility (CSR) arm of the United Bank for Africa (UBA) Plc, kick started on Monday with encomiums from the Minister of Education, Professor Ruqayyatu Ahmed Rufai, and world renowned writer and activist, […]
