Diamond Bank unveils Mobile POS

Diamond Bank unveils Mobile POS

By Moshood Aliyu –  To increase safety and reliability in payment, Diamond Bank Plc in collaboration with Microsoft has introduced   Diamond Mobile POS (MPOS). Speaking on the partnership between Diamond and Microsoft on Tuesday in Lagos, Diamond Bank head of...
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No bank is in distress, says CBN

No bank is in distress, says CBN

The  Central Bank of Nigeria (CBN) has dismissed allegations in some quarters that certain banks in the country are in distress.    In a statement, the apex bank described the allegation as unfounded, “malicious rumors and unfounded speculations,” addin...
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Shareholders divided over compulsory resignation of Skye Bank Board, Management

Shareholders divided over compulsory resignation of Skye Bank Board, Management

Controversy has continued to trail the compulsory retirement of the Board and Management of Skye Bank Plc by the Central Bank of Nigeria (CBN).    A cross section of the Bank shreholders who spoke with City BusinessNews expressed divergent views on...
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CBN removes Skye Bank Board, Management

CBN removes Skye Bank Board, Management

THE Central Bank of Nigeria (CBN) has replaced the Board and management of Skye Bank Plc.  Addressing Journalists in Lagos, CBN Governor, Mr Godwin Emefiele said the Bank failed failed to meet the regulator’s minimum key liquidity and capital adequacy...
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