| 14.09.2010 - Nigeria's banking model review |
| From Reuters: Nigeria will stop issuing universal banking licences next month and enforce new minimum capital requirements for lenders in a bid to avoid a repeat of last year's near collapse of several banks. The aim is to separate banks' core lending business from more speculative capital market activities -- such as stock broking, asset management, private equity and venture capital -- to protect depositors' funds..............................................Full Article: Source |