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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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  • CAPTAIN LOVERAT War conman's Ł100k from lonelyhearts 8 Nov 2009 08:10 GMT
    ... women including an ex-police officer and a banker have sent a total of £100,000 without ever ... the UK, America, Holland, Italy, Canada and Nigeria." Andy Baker, managing director of the Friends ...

  • WAR CONMAN'S Ł100K FROM LONELYHEARTSA cruel conman posing as an Afghanistan war hero has swindled a fortune from scores of lonely women across Britain with invented tales of heroism. 8 Nov 2009 09:29 GMT
    ... women including an ex-police officer and a banker have sent a total of £100,000 without ever ... the UK, America, Holland, Italy, Canada and Nigeria." Andy Baker, managing director of the Friends ...

  • CBN move dampens rise in Nigerian interbank rates 7 Nov 2009 01:16 GMT
    ... Nigerian interbank lending rates climbed to 5.83 percent ... The central bank's measure aims to end banks' preference for placing surplus funds at its overnight ...

  • CBN move dampens rise in interbank rates 7 Nov 2009 07:39 GMT
    ... Nigerian interbank lending rates climbed to 5.83 percent ... The central bank's measure aims to end banks' preference for placing surplus funds at its overnight ...

  • Nigeria heads for another debt trap, Fiscal Commission warns 7 Nov 2009 01:17 GMT
    ... Nigeria heads for another debt trap, Fiscal Commission ... had written to all financial institutions i.e banks, Security and Exchange Commission, Debt Management Office, etc ...

  • NBA criticises EFCC on debt recovery 7 Nov 2009 00:10 GMT
    ... The Nigerian Bar Association (NBA) has lampooned the Economic ... agents” following the current crisis in the banking sector. The Section of Legal Practice (SLP) ... this known said that financial transactions between banks and their customers were contractual, adding that ...

  • The futility of targets without sustainable process and strategy 7 Nov 2009 09:37 GMT
    ... new job in an established first generation Nigerian bank complaining to me on the target ... already made. False promises such as loan, banking support or other misleading innuendoes are made ... multimillionaires. This desperation has led to the banks using promos with lure of winning cars, ...

  • Westshore Hotel foreclosure caused by high debt, mismanagement 7 Nov 2009 00:43 GMT
    ... former oil and power plant executive in Nigeria, and his wife, Indira, who live in ... $2 million to supplement a $15.4 million mortgage from UBS. A month later, the partners ...

  • The price of convenience 7 Nov 2009 23:54 GMT
    ... Personal Identification Number to a prince from Nigeria who wants to borrow your bank account. ... assured by friends who are lawyers and bankers that I can probably claim the credit if ...

  • Call to intensify global war on graft 7 Nov 2009 23:16 GMT
    ... a “matter of life or death”. Okonjo-Iweala, Nigeria’s former minister of finance and foreign affairs, ... bring down a bank. The failure of banks can bring the global economy to its knees,” ...

  • FMBN strategises on microfinance banking option for mortgage delivery 5 Nov 2009 01:58 GMT
    ... mandate to operate as a dynamic secondary mortgage institution capable of meeting the financing needs ... of homeownership, the Federal Mortgage Bank of Nigeria (FMBN) is strategizing on microfinance banking option for mortgage delivery. At a meeting ...

  • Nigerian banks 2 Nov 2009 02:14 GMT
    ... how we expect the structure of the Nigerian banking universe to change following the conclusion of ... With only 11 of the 21 local banks having passed the audit, clearly the system ...

  • Nigeria's central bank wants banks to report politicians' deals 4 Nov 2009 17:15 GMT
    ... The Central Bank of Nigeria (CBN) is working on a plan to make banks report suspicious cash transactions by politically exposed ... transactions by politically exposed persons (PEPs). The banking watchdog boss, Mallam Sanusi Lamido Sanusi, also ...

  • Banks lift infrastructure through PPP 4 Nov 2009 20:14 GMT
    ... the sub sectors have stated that  banks have a role to play in the ... partnership with government on the revamping of Nigeria’s old and decaying infrastructure and the provision ... ICRC, Chief Ernest Shonekan, called on Nigerian banking and financial sector to strive to be ...

  • Nigeria: Trading picks weekly top 10 2 Nov 2009 01:35 GMT
    ... plethora of earnings results from across the Nigerian market, from banks to consumer and retail, insurance and cement ... greater than we predicted. Away from the banking sector, the results have underpinned our bullish ...


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