The Monetary Policy Committee (MPC) met on January 20 and 21, 2014 against the backdrop of uncertainties in the global economy, especially arising from the commencement of the QE3 tapering by the Fed. In attendance were eight (8) out of the ten (10) members following the retirement of Mr. Tunde […]
Author: InvestAdvocate
CBN Unveils N5.0 billion Minimum Capital for Mortgage Refinance Company
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday unveiled a minimum capital requirement of N5.0 billion for the Mortgage Refinance Company (MRC). The CBN iin its regulatory and supervisory framework for the operations of an MRC said the procedures and criteria to be used in granting […]
Africa’s IHS to delist from Nigeria’s bourse in $118 mln deal
* To pay 4.35 naira to buyout stockholders * Shares rise 41 pct on buyout plans, to delist (Adds details, company value) African phone tower group IHS Plc has won shareholder approval to take the company private and will pay $118 million to buy out equity holders, it said on […]
