Vanguard News
I totally support CBN action on FBN
On
By Dele Sobowale
Sometimes, there is divine intervention in what a regular columnist publishes. I had prepared another article which more or less told Nigerians to be prepared to eat grass as millions of farmers have now abandoned their farms. My Personal Assistant, PA, was asked to send it to the newspapers and online publications.
He discovered that more than half of the text had been mysteriously deleted. That was late Thursday, April 29, 2021. Too tired to work on that day, I postponed the effort until the next day. My vendor came with the papers early that Friday morning; and there on the front page was the news report: “CBN sacks First Bank Directors, retains Adeduntan as MD.” It was shocking. I stopped everything, breakfast included, to read more of the bombshell.
Worldwide Online Payment Gateways Industry to 2028 - Players Include Amazon, Avangate and BluePlay Among Others
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Worldwide Online Payment Gateways Industry to 2028 - Players Include Amazon, Avangate and BluePlay Among Others
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) An expected wave of European bank consolidation will be driven by local mergers rather than the kind of headline-grabbing, cross-border deals many see as necessary to creating regional champions.That’s because weak stock prices in the sector are curtailing the fire-power required for lenders to pull off truly transformational deals, advisers say. A fragmented regulatory landscape and risks associated with sovereign debt exposure could also keep tie-ups within national borders.“There is a sense in some boardrooms that share prices have to improve before making major strategic moves,” said Andreas Lindh, co-head of JPMorgan Chase & Co.’s financial institutions group in Europe, the Middle East and Africa. “No one wants to act from a position of weakness.”Bank valuations in Europe remain near historic lows, with lenders battling rock-bottom interest rates and costs linked to regulation, restructurings and aging technologies. At t