By Omoh Gabriel, Business Editor The Nigeria economy is facing another round of financial haemorrhage as Nigerians and corporate bodies are moving…
Category:
Finance
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FinanceNews
Private sector operators blame government for policy inconsistencies and unholy access by economic contractors
By Omoh Gabriel, Business Editor Private sector operator in Nigeria on Tuesday admitted the need for a strong single private sector institution…
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By Omoh Gabriel, Business Editor. The bomb shell dropped by the CBN last week asking banks to raise their equity base to…
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By Omoh Gabriel, Business Editor The Central Bank of Nigeria CBN has released the procedures manual for bank consolidation in the country.…
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Finance
CBN, 11 banks set up a 5 man committee to raise N300billion to finance housing for civil servants
By Omoh Gabriel, Business Editor More facts emerged over the week end on the meeting the CBN had with 11 bank chief…
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By Omoh Gabriel, Business Editor The CBN governor Professor Charles Soludo on Sunday said that the apex bank will not regulate lending…
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FinanceNews
CBN to introduce N1000 note in May 2005…minimum capital base would have been N32billion Soludo
By Omoh Gabriel and Babajide Komolafe The Central Bank of Nigeria will on May 29, 2005, introduce the N1000 denomination note into…
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By Omoh Gabriel, Business Editor Banks that meet the N25billion minimum capital base in 2005 will be required to merge next year…
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By Omoh Gabriel, Business Editor The implementation of the 2004 budget has fallen below target as most ministries and parastatals have not…
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By Omoh Gabriel, Business Editor Bond Bank Limited took off on a very strong and promising note recording an impressive result in…
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By Godfrey Ikhemuemhe, Emma Uja and Franklin Alli A serious communual clash was recently averted between the Igbirra community in Kogi State…
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By Omoh Gabriel and Babajide Komolafe Big banks which have met the CBN N25billion minimum capital base requirement have started to snob…
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By Omoh Gabriel,Business Editor The bank‚Äôs loans are principally to the manufacturing sector, commerce-import, export and domestic trade. During the twelve months…
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By Omoh Gabriel,Business Editor A spate of international fraudters have close in on banks across the globe. The fraud syndicate working through…
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FinanceNews
The 2nd phase of consolidation in Nigeria, banks go for big money is it ego or competition.
By Omoh Gabriel, Business Editor Nigeria banks are today a surprise to many industry watchers. Every one of the existing twenty five…