News of the finance

NEW YORK and SAN JOSE, Calif. - September 29, 2008 - Important consumer segments such as baby boomers trust online payment providers more than they trust traditional banks, according to a survey on retail financial services recently conducted by the Cisco#174; Internet Business Solutions Group (IBSG). Consumers are demanding the same convenience they receive online when shopping in a brick-and-mortar environment. This dramatic shift in consumer expectations presents a considerable market ...img src="http://www.cisco.com/swa/j/zag2_vs_log1.asc?Log=1vs_f=News@Cisco:+Financial+Services+Newsvs_p=Cisco+Survey+Reveals+Consumers+Trust+Online+Payment+Providers+More+Than+Traditional+Banks" border="0" height="0" width="0" /

The Monetary Policy Committee (MPC) held a special meeting on September 18, 2008, essentially to review the stance of monetary policy in the light of the evolving economic and financial developments in the domestic and international economies.br a href=http://www.cenbank.org/out/publications/communique/mpd/2008/mpc - communique no. 58.pdfClick here for details/abr

This is to inform the general public that the official launching of the Lagosbr Entrepreneurship Development Centre(EDC) which was rescheduled for 5thbr September, 2008 has been further postponed to September 19, 2008 owing to some unforeseen circumstances.br a href=http://www.cenbank.org/Out/events/2008/Postponement of Launching of the Lagos Entrepreneurship Development Centre.pdfClick here for details/abr

Following the recent developments in WEMA Bank Plc, the Central Bank of Nigeria hereby announces the removal and appointment of Directors in WEMA Bank Plc as stated in the attached instrument. bra href=http://www.cenbank.org/Out/publications/pressrelease/GOV/2008/WEMA.pdfClick here for details/a

September 4, 2008 - HSBC today announced the opening of a new internal network of conference rooms that create an 'in-person' meeting experience. Utilizing Cisco TelePresence technology, the rooms make real-time, face-to-face interactions between key remote locations possible using advanced visual and audio collaboration technologies. With life-size, high-definition images and spatial discrete audio, Cisco TelePresence recreates the interactivity, spontaneity and nuanced communications ...img src="http://www.cisco.com/swa/j/zag2_vs_log1.asc?Log=1vs_f=News@Cisco:+Financial+Services+Newsvs_p=HSBC+Opens+Global+Network+of+Virtual+Conferencing+Rooms" border="0" height="0" width="0" /

Following the conversion of 607 Community Banks to Microfinance Banks (MFBs) and the licensing of about 90 new MFBs in Nigeria, the Central Bank of Nigeria (CBN) as part of its strategy to ensure that MFBs understand the nature of their operations, is organizing a two week capacity building programme for Operators of microfinance banks in Nigeria.br a href=http://www.cenbank.org/Out/circulars/ofid/2008/notification for interim mfb capacity building.pdfClick here for details/a

This is to inform the general public that the official launching of the Lagos Entrepreneurship Development Centre(EDC) which was postponed from 21st August, 2008 has been rescheduled to hold on September 5, 2008.br a href=http://www.cenbank.org/Out/events/2008/Invitation to the Official Launching of the CBN Entrepreneurship Development Centres(EDC) Lagos.pdfClick here for details/abr