Accountants say corruption remains major threat
Some finance
experts in the education sector have warned that corruption and lack of good
corporate governance in business organisations are a threat to national
development.
Soji Apampa, an
Executive Director at Integrity Organisation, a consultancy firm...
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‘Sale of banks open to all interested parties’
The Central Bank has stated that the sale of the rescued banks will be made open to all willing investors, local and foreign, even if they are old owners of the banks.
The Central Bank's spokesperson, Mohammed Abdullahi, said it is a free and fair competi...
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European central banks stand pat
The European
Central Bank and the Bank of England left their benchmark interest
rates unchanged at historic lows Thursday, as both worried about the
strength of the economic recovery.
The European
Central Bank, which sets monetary policy for the 16 countr...
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Nigeria’s United Bank of Africa spreads to Zambia
Nigeria’s United
Bank of Africa (UBA) has started operating in Zambia with a capital
investment of $15 million as it seeks to expand its influence on the
African continent, Chief Executive Officer Abba Bello said on Thursday.
Mr. Bello told
Reuters one UB...
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Now is the time to invest in the capital market, says Peterside
The on-going
financial sector reforms and revelation of the true state of health of
Nigeria’s banking industry, makes a strong case for investments, Atedo
Peterside, chairman of the Stanbic IBTC Bank, said during the ‘Stanbic
IBTC 2010 Investor’s Conferen...
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