Registrar/Chief Executive, Chartered Institute of Bankers of Nigeria (CIBN), Dr. Uju Ogubunka says it is possible for bank customers to safeguard their money in a bank against distress and he explains how this can be achieved.

Banks have turned the N10 million limits on cheque transactions into a money spinning avenue.In placing the ban on payment of value above N10 million through cheques last year, the Central Bank of Nigeria (CBN) directed that such payment should be made through electronic payment channels.

The federal government has given insurance company in the company a deadline of December 31st 2015 to achieve a single west African insurance market.

For the first time the history of the country, price of properties are on the down ward trend falling as much as ten percent.
Real sector experts attribute this unprecedented turn around in fortunes to the on going banking sector reforms.

The Central Bank of Nigeria (CBN) and operators of Primary Mortgage Institutions (PMIs), have commenced work on the modalities for the establishment of the proposed Mortgage Refinance/Liquidity Company (MRC).

The Governor of the Central Bank of Nigeria, Lamido Sanusi continues to leave no one in doubt that CBN reforms and sanitization of the banking sector is ongoing.

Less than one year after take-off, the microfinance interbank money market has collapsed following default by participating microfinance banks.

African Alliance Insurance Plc is the oldest Life insurance specialist in the country yet it has weathered the storm through the years and still flourishing at 50 years.

Ogun State government has signed a Memorandum of Understanding (MoU) with an estate development firm, CMB Building Maintenance and Investment Company Limited, for the redevelopment of Ibara Government Residential Area (GRA), Abeokuta.

The Federal Mortgage Bank of Nigeria (FMBN) is set to expand mortgage loan originators to on-lend National Housing Fund (NHF) loans to include universal banks, insurance firms, pension funds administrators and micro_finance banks.

The National Housing Fund (NHF) is fundamentally unsustainable and grossly inadequate in the quest to provide housing finance on a sustainable basis in Nigeria.

Stakeholders have disagreed over the continued suspension of public ownership of the Nigeria Stock Exchange.
Stock Exchanges are traditionally privately owned by stock brokers and some individuals and the process of making a stock exchange publicly owned is called Demutualisation.

The incumbent Central Bank Governor, Lamido Sanusi, has stubbornly decided to continue the destructive and suicidal monetary and foreign exchange market policies of his predecessor. In this event, this article, which was first published in 2006, with progressive supplementary comments in this column on 23/3/2009, is today 18/1/2010 reproduced for objective public evaluation!|

Less than one year after take-off, the microfinance interbank money market has collapsed following default by participating microfinance banks.

The incumbent Central Bank Governor, Lamido Sanusi, has stubbornly decided to continue the destructive and suicidal monetary and foreign exchange market policies of his predecessor. In this event, this article, which was first published in 2006, with progressive supplementary comments in this column on 23/3/2009, is today 18/1/2010 reproduced for objective public evaluation!