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Nigeria Banking News. Service for global professionals. Constantly updated news and information about Nigeria.
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Latest Nigeria Banking News

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  • What is wrong with African leaders? 25 Nov 2009 00:44 GMT
    ... siphon the oil revenue with no accountability. Nigeria, Gabon, Congo and Angola all of them ... if instead of stealing the money and banking it in Switzerland, Monaco, France, Britain, Cayman Island ...

  • Infrastructure tops FG's plan for 2010 25 Nov 2009 00:47 GMT
    ... of 2009 and, if approved, will push Nigeria even further beyond a 3 per cent ... a combination of flight to quality by banks and pension funds together with repeated liquidity injections ...

  • UPDATE 5-Nigeria plans sharp spending rise on oil delta, power 24 Nov 2009 18:31 GMT
    ... ABUJA, Nov 24 (Reuters) - Nigeria plans to increase spending by a third ... a combination of flight to quality by banks and pension funds together with repeated liquidity injections ...

  • UPDATE 3-Nigeria proposes 32 pct rise in spending for 2010 24 Nov 2009 15:25 GMT
    ... Camillus Eboh ABUJA, Nov 24 (Reuters) - Nigerian President Umaru Yar'Adua sent a 4.079 trillion ... a combination of flight to quality by banks and pension funds together with repeated liquidity injections ...

  • UPDATE 4-Nigeria plans sharp spending rise on oil delta, power 24 Nov 2009 16:13 GMT
    ... ABUJA, Nov 24 (Reuters) - Nigeria plans to increase spending by a third ... a combination of flight to quality by banks and pension funds together with repeated liquidity injections ...

  • EFCC to Probe Mortgage Firms, Discount Houses 24 Nov 2009 09:45 GMT
    ... would probe other financial institutions such as mortgage firms and discount houses. Chairman of EFCC ... of money laundering and terrorism financing in Nigeria. Mrs. Waziri who was represented by the ...

  • Troubled Banks - Judge's Absence Stalls Ebong's Trial 24 Nov 2009 08:23 GMT
    ... bail in the sum of N100 million each, with two sureties who must be Nigerians and will be resident in either Lagos or Abuja. The sureties, according to the ...

  • Central Switch Should Not Be Profit-Oriented - Experts 24 Nov 2009 12:33 GMT
    ... at the second E-Payment Providers Association of Nigeria 's Techno-Interactive Conference in Lagos recently, agreed ... switches. Consequently, it makes it possible for banks' customers to use their cards on all ... difficult and positive gains in consolidating the banking industry and tackling bad loans. According to ...

  • EFCC gives bank debtors 2-week ultimatum 24 Nov 2009 01:00 GMT
    ... EFCC, yesterday gave debtors of recently bailed-out banks two weeks to pay up or face another ... 532 Laws of the Federal Republic of Nigeria (Abuja) 1990, Article 801 of the Financial ... laundering in Nigeria include Discount Houses, Primary Mortgage Institutions and Micro-Finance Banks. Mrs. Waziri who ...

  • Live Uefa Games For Access Bank Customers 24 Nov 2009 04:32 GMT
    ... still reverberating across the globe, one of Nigeria 's leading banks, Access Bank Plc is tantalizing its customers ... unprecedented by soccer followers. Executive Director, Commercial Banking and Chairman of Access Bank UEFA Project ...

  • Six common money scams and how to avoid them 24 Nov 2009 14:53 GMT
    ... or her from liability for debts. However, banks are required by the government to confiscate these ... for a fee, to work with your mortgage lender to resolve problems. Sometimes, scammers tell ... ensure it is genuine. 6) 419 scams, Nigerian scams, advance-fee fraud scams E-mails arrive from ...

  • Worried over weak dollar, India, China cut US debt holdings 24 Nov 2009 07:34 GMT
    ... the Reserve Bank of India (RBI), though banks, financial institutions and corporates also invest in ... United Arab Emirates, Algeria, Gabon, Libya, and Nigeria and the Carribean banking centres, which have an exposure of over ...

  • African Markets - Factors to watch on Nov 24 24 Nov 2009 06:10 GMT
    ... news on all African stock click on NIGERIAN STOCKS Nigeria's all-share index shed 0.58 percent ... investor caution, which set in after disappointing banks' earnings. NIGERIA BUDGET Parliament is expected to formally ...

  • George, Ogunlewe, Others Bought FG Houses Without Bidding 24 Nov 2009 12:12 GMT
    ... named former Chairman of the Board of Nigeria Ports Authority (NPA), Olabode George, as one ... the proceeds in a number of commercial banks. He had directed that the PIC should attend ...

  • Letter of Intent Signed to Form Helios Towers Africa Ltd. with $350 Million of Equity Financing from Global Investor Gro 24 Nov 2009 21:31 GMT
    ... plan that has been successfully deployed in Nigeria by Helios Towers Nigeria Ltd. ("HTN" ), ... Copyright © 2009, NewsBlaze, Tags: Business wire, Banking and Finance, , new york, High Tech, VOIP, ...


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