In line with its commitment to protect bank customers, the Central Bank of Nigeria (CBN) at the weekend said it would soon introduce a policy aimed at enforcing the repayment of illegal deductions on customers’ account by banks. Specifically, the CBN Governor, Mallam Sanusi Lamido Sanusi, who revealed this at […]
Tag: Nigeria
Private companies shy away from bond market
The domestic bond market has been an attractive place for the federal and state governments to raise funds to finance developmental projects, but private companies appear not interested despite its huge potential. OYETUNJI ABIOYE examines the issue. While companies are still visiting the capital market to raise funds, the same […]
AMCON battles to sell N4bn private jet
The Asset Management Corporation of Nigeria is facing major challenges in selling its N4bn private jet, which it put up for sale through a public notice about four weeks ago. Our correspondent learnt that one of the difficulties in disposing of the airplane was the current slow demand for private […]
