While banking sector share prices plunged last year after the Central Bank of Nigeria sacked the top managers of some banks over allegations of financial misappropriation, the share prices of nine banks affected by the CBN reform have bounced back considerably in recent weeks. Nigerian Bank Nigeria Afribank

There is no sphere in Nigeria that clearly evidences the growing loss of relevance of Northern Nigeria, as much as the banking sector. And it is a rude shock that many Nigerians of whatever persuasion – Christian or Muslim, southerner or northerner – do not appear to note the danger in this strange imbalance in a country in which all sections are supposed to develop at par. Nigerian Bank Nigeria Bank PHB

THERE is no sphere in Nigeria that clearly evidences the growing loss of relevance of Northern Nigeria as much as the banking sector. And it is a rude shock that many Nigerians of whatever persuasion – Christian or Muslim, southerner or northerner – do not appear to note the danger in this strange imbalance in a country in which all sections are supposed to develop at par. Nigerian Bank Nigeria Bank PHB

Indications emerged on Thursday that two of South Africa’s biggest banking groups, FirstRand Limited and Standard Bank Group Limited, have re-launched interest in taking majority stake in Nigerian banks. Nigerian Bank Nigeria Afribank Nigeria Plc