Archive: Page 1778

CBN, NDIC joint examination rattles banking industry

February 21 2011 John Omachonu There is palpable apprehension in the banking industry as the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) commence risk assessment of… Read more »

Suspension: Brokers Seek Dialogue with SEC

By Goddy Egene, 21 Feb 2011   The leadership of the stockbroking community in the nation’s capital market will this week meet with the management of the Securities and Exchange… Read more »

Intercontinental Bank gets CBN’s clearing awards

Monday, 21 Feb 2011 Intercontinental Bank Plc has won the Central Bank of Nigeria’s Clearing House awards for 2010. It emerged the Best Clearing Bank, Most Error Free Settlement and… Read more »

CSCS Lobbies to be Market Custodian

By Goddy Egene, 21 Feb 2011 The Central Securities Clearing Systems Limited (CSCS) is currently seeking the support of the Securities and Exchange Commission (SEC) to operate as a custodian… Read more »

Google squeezes Apple with paywall service

By Agency Reporter Friday, 18 Feb 2011 NEW YORK: Google has again faced up to technology giant, Apple – this time by launching a digital subscription service just a day after… Read more »

Naira is overvalued, IMF tells CBN

THE International Monetary Fund said on Thursday that the naira was overvalued