NDIC CEO, Bello Hassan Honoured as CIBN Fellow

  By Elvis Eromosele Since its emergence in Wuhan in December...

The decision of the Central Bank of Nigeria (CBN) not to appeal the judgment of Court of Appeal restoring the operating licence of Savannah Bank of Nigeria Plc opened the way for the return of the bank. It also signals the end of one of the controversial chapters in the history of banking in Nigeria. However, the N25 billion capitalisation requirement for banks has become an albatross on the neck of the bank.

Yinka Sanni Standard Bank Group, Africa’s largest bank by assets,...

Overview On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619 billion in debt, Lehman's bankruptcy filing was the largest in history, as its assets far surpassed those of previous bankrupt giants such as WorldCom and Enron. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide. Lehman's demise also made it the largest victim, of the U.S. subprime mortgage-induced financial crisis that swept through global financial markets in 2008. Click here to make a lazy tweet

Mr. Ahmed Kuru, Managing Director/CEO, Asset Management Corporation of...

Growing investor confidence and strong market participation have continued...

Mountain of Fire and Miracles Ministry Wednesday ordered one...

In a significant development for individuals looking to acquire...