Peoples Poll 04

Should former Vice President Atiku Abubakar return to PDP?
 

The Sniper 090410

Banking & Finance
Politics of ATMs as banks push for fresh extension
Some customers transacting business at an off-site ATM in Abuja recently.

As commercial banks made frantic efforts last week to demobilise some of their ATMs fixed in areas dubbed by CBN undesignated, Abulwahab Isa in this review reports that the banks’ action may as well be a mere lip service against the backdrop of their current moves to appeal to the CBN to rescind its directive.

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Africa’s banking laws shut out the poor, says Nobel laureate Yunus

Nobel laurate Muhammad Yunus, yesterday said lack of microcredit laws in many African countries is denying millions of the continent’s poor access to loans. 

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Unity Bank opens six new branches in Jigawa, Lagos

By Donald Ugwu

Unity Bank Plc yesterday announced the expansion of its branch networks in the country to 227 with the opening of six new branches. 

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Minister of Finance assumes duty

The new Minister of Finance, Mr Olusegun Aganga, assumed duty yesterday soon after he was sworn in, and proceeded to hold a three-hour meeting with the Permanent Secretary, Dr Achi Achinuvu. 

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Outdoor ATMs thrive in Abuja despite CBN directive

By Abdulwahab Isa and Dike Ekwelie 

Customers utilising ATM machines at a shopping complex in Abuja, Wednesday. Photo: Mahmud Isa

Cash withdrawals from Auto-mated Teller Machines(ATMs) in some popular locations and joints of the Federal Capital Territory Abuja continued unhindered yesterday in the face of Central Bank of Nigeria’s (CBN) March 31, deadline issued to commercial banks to move ATMs from such spots. 

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Intercontinental Bank outsources 3,400 support staff

Intercontinental Bank says it has outsourced 3,400 of its support staff as part of its repositioning exercise. 

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UBA Life Insurance takes up Kwara farmers

From Olanrewaju Lawal, Ilorin

The United Bank For Africa (UBA) Metropolitan Life Insurance Limited has urged members of All Farmers Association of Nigeria (AFAN) to take life insurance opportunity as a perception measure to protect their lives and prepare ahead of future. 

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CBN adds three motorised fire fighting vehicles to FCT pool
Sanusi  Lamido Sanusi,  CBN Governor

The Central Bank of Nigeria (CBN) has given a major boost to safety and rescue operations in the Federal Capital Territory (FCT), through the acquisition of three motorized fire fighting vehicles and rescue equipment. 

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UBA gross earnings hit N246,73 billion

United Bank for Africa Plc (UBA) yesterday said it experienced strong growth in 2009 despite the economic challenges arising from the global financial crisis and capital market downturn. 

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