Police recover N9m from dead armed robbers who raided Owo banks
Akure—The police in Ondo State have recovered N9 million from the six of the fifty armed robbers who raided four banks at Owo last week. Two police women and four others, including an ASP and seven civilians were killed by the robbers who stormed the banks at about 4pm last Friday. Also shot dead by the robbers were a bank manager and his deputy who reportedly refused to cooperate with them on arrival at the bank
Banks intensify efforts to attract patronage from SMEs
Ecobank and First City Monument Bank (FCMB) have heightened the competition to attract patronage from Small and Medium Enterprises (SMEs).
2015 Presidential election results in Kwara
2015 Presidential elections result: Kwara
BATTLE OF TWO TRUTH BENDERS: Okonjo-Iweala and Soludo – 4
Con-SOLUDO-tion created no additional jobs in the banking sector. On the contrary, it led to massive retrenchments. It is quite possible that Soludo no longer goes to the banking hall himself. Otherwise, if he had a favourite bank in 2004 and still visits that bank today, he would know how many people had been sacked. Since OCEANIC, BankPHB and Intercontinental banks, among others, were taken over by the survivors of the “Con-SOLUDO-tion calamity, hundreds of their branches had been closed.
CBN, IFC to establish NCR to stabilize MSME financing
The Central Bank of Nigeria, CBN, in collaboration with the International Finance Corporation, IFC will in June 2015 establish a national collateral Registry, NCR to stabilize Micro Small and Medium Enterprise, MSME financing in Nigeria. The establishment of NCR is to boost the confidence of Nigerian banks in playing active role in financing the MSME sector in Nigeria.
Large turnout as postponed elections hold in Delta LG
AS Nigerians await the results of Saturday’s Presidential and National Assembly elections, the polls were, yesterday held in Udu Local Government Area of Delta State, even though voting materials arrived late in the area.
