By Omoh Gabriel Last week, the Group Managing Director of Access Bank, Mr. Aigboje Aig-Imokhuede had an interactive session with journalists in Lagos. He explained the...
When the Nigerian Bankers Committee muted the idea of a cashless economy, many thought it would be the global practice of financial inclusion which attempts to...
By Omoh Gabriel Access Bank PLC has appointed a new Managing Director for Intercontinental Bank after it took effective control of the bank on Friday. The...
By Omoh Gabriel The Nigeria Deposit Insurance Corporation has said that only three banks were in unsound condition in 2010. The NDIC in its 2010 report...
The Nigerian Economic Summit Group said its 2011 summit will be used to reinforce the need for “Attracting Foreign Direct Investment through Global Partnerships.” In a...
The naira touched a new all-time low in the inter-bank market and weakened at the central bank’s official window yesterday It depreciated to N167.40 against the...
As a prelude to the commencement of a Cash less Lagos, the Central Bank of Nigeria has appointed four manufacturers for the provision of Point-of-Sale (PoS)...
Nigeria National Petroleum Corporation has approached some international bank to seek for $1.5 billion NNPC banking sources said is making plans to secure a $1.5 billion,...
The naira depreciated to a new record low of N164.85 to the dollar in the inter-bank market as a result of central bank’s comments earlier this...
Acting Director General of Nigerian Institute of International Affairs (NIIA)Professor Bola Akinterinwa,said that the introduction of Islamic banking in Nigeria will further threaten national security. Akinterinwa...
The Chairman of the House of Representatives committee on Capital Market and Institutions, Hon. Herman Hembe has said that his committee will investigate the on going...
By Omoh Gabriel with Agency report Oil prices are heading for further drop to the 2008 low levels as investors speculated that global economic growth will...
The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has approved $250 million in financing for two American...
The International Monetary Fund Wednesday said that the global Financial stability risks have risen sharply in recent months, as slower economic growth, market turbulence in Europe,...
World Bank President Robert B. Zoellick had an opening address at the opening of the IMF/World Bank Annual General Meeting in Washington. He fielded questions from...