banks

The Central Bank of Nigeria, CBN, has threatened to suspend bank CEOs and MDs if they fail to publish their audited financial statements within the stipulated period. In accordance with BOFIA 2010 LFN, CBN said banks are required to…

The Nigeria Labour Congress (NLC) yesterday threatened to shut the six banks that sacked their workers. The umbrella union gave the affected banks two weeks’ ultimatum to recall the sacked workers and allow unionisation. The…

Six commercial banks are likely to seek mergers and acquisitions in the New Year – no thanks to the shock created in their assets and balance sheet sizes in the face of declining oil prices. The Managing Director, Sterling Bank Plc,…