The Chairman of the House Of Representatives Ad hoc Committee on Capital Markets, Herman Hembe and Deputy Chairman, Azubuogo Emeka Ifeanyi will be charged on a two-count charge of diverting public funds by the Economic and Financial Crimes Commission (EFCC), THEWILL can report. Both federal lawmakers will be docked on May […]

As a follow up to the certification programme for microfinance banks, the Central Bank of Nigeria (CBN) in collaboration with the Nigeria Deposit Insurance Corporation (NDIC) and Financial Institutions Training Centre (FITC)will be organising a one-week mandatory training programme for Directors of all Microfinance Banks (MFBs) in six locations in […]

Facebook Inc’s record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world’s largest social network embarked on a cross-country roadshow to drum up investor enthusiasm. Despite concerns about slowing growth, a lofty valuation and signs the company is having trouble ramping […]