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   Banking innovation, regulation go together says expert
Nigeria, SA launch Presidential investment councilA Joint Presidential Advisory Council on Investment was launched by Nigeria and South Africa on Tuesday, 24 February 2009, to encourage investment between the two countries. 25 Feb 2009 12:37 Fuel scarcity hits LagosMajor Oil Marketers Association of Nigeria (Moman) and Depot and Petroleum Product Marketers Association (Dappma) have initiated intensive negotiation with key officials of the National Union of Petroleum and Natural Gas (Nupeng) workers over the return of fuel queues in Lagos. 22 Dec 2008 05:59 SA, Nigeria commit to fast track trade, economic relations[Luyanda Makapela] South Africa and Nigeria have committed to fast track trade and economic relations between both countries at the South Africa-Nigeria Bi-National Commission (BNC), Tuesday, 9 December. 10 Dec 2008 11:29 Nigerian vice president to visit SAPRETORIA: Nigerian Vice President Goodluck Jonathan is to arrive in South Africa next week to hold talks with Deputy President Baleka Mbete. The bilateral political, economic and trade discussions will be held at the Presidential Guesthouse in Pretoria. 8 Dec 2008 09:36 Nigerian bank reforms boost efforts to mitigate impact of financial crisisNew bank reforms are designed to boost efforts to mitigate the impact of the financial crisis that has seen stock markets around the world stumble. 20 Nov 2008 07:35 Nigeria: Under-development continues to fuel oil theftABUJA: Crude oil smuggling continues unabated in the Niger Delta in southern Nigeria, spurred by chronic under-development, a disaffected youth, and increasing lawlessness. 18 Nov 2008 11:47 New internet virus destroys 500,000 online bank accounts in NigeriaA new internet virus, code-named Trojan, is reported to have infected and destroyed more than 500,000 online bank accounts and affected several thousands credit cards in Nigeria, South Africa and some countries in the developed world. 17 Nov 2008 10:53 Nigerian property prices rocketProperty prices rise 150% despite stock market meltdown. 4 Nov 2008 11:41 Bankers dominate Nigeria BusinessWorld 100United Bank for Africa has emerged Nigeria's largest company with an asset base of N1191.04 billion. To arrive at the results, the companies quoted on the Nigerian Stock Exchange were assessed and ranked based on their assets, shareholders' funds, gross income, profit, employee population and market value, using their 2007 financial reports. 23 Oct 2008 09:48 Zain commissions fixed phones in Nigeria's south-south regionZain Nigeria has commissioned Fixed Phone in the country's south-south region. The service is designed to provide more Nigerians, particularly low income earners in both urban and rural areas including students, travellers, and artisans, with access to telecommunications. 14 Oct 2008 07:57 Group seeks probe of ‘smoking' partiesThe Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) yesterday, 14 August 2008, urged the federal government to investigate on-going ‘Experience Freshness' secret parties being organised by the British American Tobacco Nigeria to promote its Pall Mall cigarette brand. 15 Aug 2008 15:01 High import tariffs holds up growth[Michael Appel] High import tariffs, trade barriers and a culture of protectionism impedes economic growth, says Department of Trade and Industry Director General Tshediso Matona. 28 Jul 2008 12:35 Latest jobs | Ad showcase Wild Island   1 of 9  |
Speaking at AITEC's Banking & Payment Technologies Conference held 4 - 6 May 2009 in Lagos, Barry Coetzee, head of iVeri from South Africa, told delegates that it was crucial for regulation to maintain a level playing field while at the same time allowing innovation to take off. 
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