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Monday, June 24, 2019

How They Killed Nigeria’s Banks

I got fascinated each time I read Mallam Sanusi Lamido Convocation Lecture delivered at the Convocation Square, Bayero University, Kano, on Friday 26 February,...

President Jonathan Signs AMCON Bill

… Banks’ Recapitalisation - Shareholders to Take the Final Decision President Goodluck Jonathan has signed the Asset Management Corporation of Nigeria, (AMCON) Bill into...

Islamic Bank to Commence Business in Nigeria

The Managing Director and Chief Executive Officer the proposed Islamic banking in Nigeria – Jaiz International Bank, Mohammed Mustapha Bintube has said that the...

Re-Nigerian Banks are Gambling Houses

The Central Bank of Nigeria has noted the above captured headline in a syndicated report in some national newspapers of Saturday, 10th July, 2010...

N106bn Lost to Wonder Banks in Nigeria

A special committee has disclosed that a total of 560,882 claims amounting to N106.9 billion had been submitted by members of the public against...

AMCON Bill Ready for Presidential Approval

The Asset Management Corporation of Nigeria (AMCON) Bill has finally been passed, following its harmonization by the Committee set up by the two chambers...

One Year after: Focusing on CBN Under Sanusi

As every actor knows, it is easy to be typecast. The picture being made of Sanusi Lamido Sanusi, after one year in office as...

Audit Report that Exposed the Rot in the Banking Sector

Many people did not actually know the gory details of how the sacked chief executives of the eight banks ruined their banks, if not...

The legality of CBN's Action on sick banks

Tongues have been waging on the legality or otherwise of the actions taken by the Governor of the Central Bank of Nigeria , Mallam...

Behold the Four Pillars of Reforms

The Central Bank of Nigeria , in its determination to reform the Nigerian financial system came out with a blue print built around four...

Perspectives on Reforms: Cases for and Against

Tne major hindrance to good policies or reforms in Nigeria is selfish interest. No matter how good the policies of government are, corruption and...

Corporate Governance and Banking Dynamics

In recent times, corporate governance is one terminology that has continued to echo in the media; print, airwave, online. Its resounding nature has drawn...

The Effects of Sanusi's Bailout Funds

It goes by different names but means the same thing. US President Barrack Obama may choose to call it “stimulus package” or “bailout plan”....

AMCON as an Elixir

Following the discovery that the nine sick banks jointly have a toxic debt totalling N1.5 trillion, the Central Bank of Nigeria came up with...

Monetary Policies and the Nigeria 's Economic Development

Apart from his distinction in monetary policy at master degree program, Lamido Sanusi has displayed high level of competence in the application of such...

As they Hail the Monetary Reforms

The Governor of Central Bank of Africa's most populous nation, Mallam Sanusi Lamido Sanusi could be likened to a bus driver, a no nonsense...

NASS Passes CBN’s Asset Management Bill

The on-going banking reforms have received a significant boost with two key developments in the National Assembly. The House of Representatives has passed the...

CBN Extends Terminal Date for Circulation of Paper Notes

CENTRAL BANK OF NIGERIA      PRESS RELEASE EXTENSION OF THE TERMINAL DATE FOR THE CIRCULATION...

Skye Bank Get new CEO Designate

The Board of Directors of Skye Bank Plc has appointed the Deputy Managing Director of the bank, Kehinde Durosinmi-Etti, as the Group Managing Director...