Nigeria’s Central Bank Governor warns banks to guard against Key – man risk.

  Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele on tuesday identified key-man risk in the banking sector as a huge challenge, just as he advised financial institutions to guard against it. Mr Emefiele pointed out that while appreciable momentum had been attained in corporate governance practices in the Nigerian Banking industry, the regulators… Continue reading Nigeria’s Central Bank Governor warns banks to guard against Key – man risk.

INSURANCE OPERATORS DEPLORE PLANS TO MOVE N164.7BN TO PENSION SECTOR

INSURANCE OPERATORS DEPLORE PLANS TO MOVE N164.7BN TO PENSION SECTOR       Life insurance operators in Nigeria may have to brace up to imminent liquidity challenges as they have to move over N164.7bn to the pension industry following a recent joint statement issued by regulators of the pension industry , the National Pension Commission… Continue reading INSURANCE OPERATORS DEPLORE PLANS TO MOVE N164.7BN TO PENSION SECTOR