THERE cannot be any doubt that over the past 16 years of its existence, Zenith Bank has succeeded in entrenching itself in the Nigerian banking industry...
By Omoh Gabriel, Business Editor When on July 6,2004 the CBN Governor, Professor Chukwuma C. Soludo announced a thirteen-point reform agenda for the banking industry at...
By Omoh Gabriel, Business Editor When on July 6 the CBN Governor Professor Charles Soludo announced a thirteen point reformed agenda for the banking industry at...
Capital flight takes toll on the naira as $13.894bn flow out in 8 weeks, —naira exchange 145 to $ in open market By Omoh Gabriel, Business...
TO recover fully the principal of their non-performing loans, the management of some of the nine troubled banks have started negotiations with key debtors who have...
By Omoh Gabriel, Business Editor The Central Bank of Nigeria has said that banks found to be involved in unwholesome asset trading will be denied access...
By Omoh Gabriel, Business Editor Mr. Akinsola Akinfemiwa is the outgoing Managing Director of SkyeBank PLC. He has seen many days in the banking industry traversing...
By Omoh Gabriel, Business Editor Nigerians spent a total of N34.63billion in 2008 on pilgrimage to Mecca and Jerusalem. Of this amount the Muslim annual ceremony...
When on August 14 2009, Sanusi Lamido Sanusi announced his radical intervention into the banking system by removing with fanfare the executives of ailing banks, he...
By Omoh Gabriel Internal Monetary Fund IMF has urged the CBN to focus more on inflation targeting instead of the current focus on banking supervision. The...
CENTRAL Bank Governor, Sanusi Lamido, weekend, raised alarm over the high cost of maintaining the National Assembly which he put at 25 per cent of the...
By Omoh Gabriel CBN yesterday said that the figure in its circular to banks on minimum information disclosure in which limits for credit approvals by the...
By Omoh Gabriel, The Central Bank of Nigeria CBN yesterday confirmed fears that banks were not lending enough to grow the economy. A communique issued by...
By Omoh Gabriel, Business Editor The Central Bank yesterday said it has expanded the N500 billion power and industry revival funds to include the aviation sector...
Federal Government yesterday disclosed that it has approved tax waivers on corporate bonds and those issued by states and local governments in the country. This is...