In Pictures
Treasury Securities Rates
Major Trading Currencies
World Market Watch
Crude Oil
Management Tips
The lack of a succession plan kills most family businesses. You can have your heirs run the business after you. Or you can place outside managers in some or all key spots and just leave ownership to the heirs. Having a plan is more important than what the plan is. Seek guidance from an impartial counselor.
Syndicate
Subscribe to this site's RSS feed.
- General News
- ICT
- Tourism
- Insurance
- Investment
- Politics
- Sports
- Feature Articles
- Editorials/Opinion
- Entertainment
- Africa/International
Last Updated- Mar 18, 2009 8:51 - - 0 Comments
Nigeria to compensate depositors of failed banks
Nigeria’s central bank will pay 12.1 billion naira ($81.8 million) to compensate depositors of two failed banks, the Guardian reported, citing Tunde Lemo, a deputy governor of the Central Bank of Nigeria.
A sum of 8.8 billion naira will be paid to former depositors of Fortune International Bank Plc, while 3.3 billion naira has been earmarked for Triumph Merchant Bank Plc depositors, the Lagos-based newspaper said.
Source: Bloomberg
Email This Post
| 
Print This Story
Comments
Got something to say?