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Exclusive: Recommendation of the NASS Ad-Hoc Committee on Capital Markets

   Thursday, July 19, 2012 / NASS Order (7th) July 32.19    Kindly find below the verbatim recommendations of the El-Sudi led Ad-hoc committee of the National Assembly on the investigation into the collapse of the Nigerian Capital Market. These recommendations were tabled for discussion in the house today, Thursday, […]

Osibodu Exits Union Bank, Hands Over to Emuwa

July 19, 2012 / Goddy Egene The Group Managing Director/Chief Executive Officer (CEO) of Union Bank of Nigeria Plc, Mrs. Funke Osibodu, is to step down following a reorganisation of the board and management of the company by the core investors, Union Global Partners Limited, in agreement with the Asset […]

CBN, NDIC to Insure Mobile Money Subscribers

The Central Bank of Nigeria (CBN) yesterday said it is working closely with the Nigeria Deposit Insurance Corporation (NDIC) to design an insurance so as to protect customers in the event of failure of any of the mobile payment operators. Director, Banking and Payment Department, CBN, Mr. Oladipupo Fatokun, said […]