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By Omoh Gabriel Indication emerged yesterday that some of the foreign investors approached by the CBN to take equity stake in the five banks it bailed...
By Omoh Gabriel Detained bank chiefs yesterday disclosed that the Economic and Financial Crime Commission operatives are asking each of them to sign off their shareholdings...
By Omoh Gabriel Bankers yesterday volunteered more facts as to why bank Managing Directors and their executive directors were sacked. The pointing to the letter signed...
By Omoh Gabriel Chairman of the Economic and Financial Crimes Commission(EFCC), Mrs Farida Waziri, said yesterday that there was no discrepancy between what appeared on the...
—-Four of the five banks accounts for N 1.3175 trn, —-non performing loans N115.3 ‚Äîaccounts for 30 % of loans, —- 45 % of non performing...
*N1.1 trillion bad loans *Liquidity ratio below minimum *Over reliance on interbank and CBN borrowing “I am satisfied that these five institutions are in a grave...
By Omoh Gabriel, Business Editor The Central Bank Governor Sanusi Lamido Sanusi on Friday made good his threat to remove banks Managing Director if found wanting....
By Omoh Gabriel Indication emerged from the Presidency weekend that the government may deregulate the oil sector starting from August. Source say that the President had...
Nigeria will host a meeting of the Committee of Ten African Finance Ministers and Central and Regional Bank Governors, the C10, on Tuesday July 14, 2009...
By Omoh Gabriel Ogun state Governor Otumba Gbenga Daniel yesterday said that the state was going to the capital market to raise N50 billion with N28...
Omoh Gabriel Business Monitor International, a London based research institution has predicted that Nigeria transport sector will grow by 6.4 per cent with a total value...
By Omoh Gabriel Thirteen out of the twenty four banks operating in the country have been listed in the Global 1,000 bank ranking by the Banker...
By Omoh Gabriel Thirteen out of the twenty four banks operating in the country have been listed in the Global 1,000 bank ranking by the Banker...
By Omoh Gabriel, Business Editor Nigeria is country of circles. The land scape, whether political, social or economic is rept with circuital. One of such circles...
By Omoh Gabriel The Nigerian Capital market is forecast to bottom out completely by June according to a research report of Renaissance Capital, a Russian Based...