By Babajide Komolafe

The Nigeria Deposit Insurance Corporation (NDIC) has moved to investigate the status of all microfinance banks (MFBs)  in the country.

This, according to the Corporation, followed the outcome of a joint examination exercise with the Central Bank of Nigeria (CBN) and the flood of petitions from depositors of MFBs that have [...]

After a brainstorming two day convention of coca producing states in Akure, Ondo State recently, stakeholders called on the Federal Ministry of Agriculture to wake up from its slumber and fashion ways by which cocoa farmers can enhance their capacities and contribute to diversification efforts of the Federal Government.

A marginal increase was recorded on the Nigerian Stock Exchange (NSE), Wednesday, as the value of listed equities appreciated by N6.79 billion.

The African Development Bank (AfDB) Mozambique Office hosted Mozambican participants who took part in the first Virtual Power Working Group Meeting on infrastructure, whose theme was on negotiating agreements on power projects in Africa.

The meeting was sponsored by the Infrastructure Consortium for Africa (ICA) and the U.S. Treasury Department on 18 March 2010.

The [...]

Major petroleum   products marketer, Conoil Plc, has continued to post impressive performance on the floor of the Nigerian Stock Exchange (NSE) as investors continue to cash in on the expected favourable returns from the company’s investment foray into the lucrative West African oil marketing industry.

Following the increase in its demand, the equity for the [...]

The second annual re treat of the Committee of Chief Inspectors of Banks in Nigeria, CCIBN, will hold in Abuja, the nation’s capital on Saturday, March 26.

The 2-day event which will take place at Chelsea Hotel Abuja will be marked by some agenda-setting presentations by key players in the nation’s financial sector.

Governor of [...]