Six months after the nationalisation of three banks that were unable to meet the recapitalisation deadline set by the Central Bank of Nigeria , the Asset management Company of Nigeria has set in motion the process for their sale to prospective investors. The affected banks are Mainstreet Bank (former Afribank […]

Six months after the nationalisation of three banks that were unable to meet the recapitalisation deadline set by the Central Bank of Nigeria , the Asset management Company of Nigeria has set in motion the process for their sale to prospective investors. The affected banks are Mainstreet Bank (former Afribank […]

BP’s settlement of lawsuits filed by more than 100,000 victims of the worst offshore oil spill in U.S. history goes a long way toward resolving pending claims. But the question remains, will Americans who live along the Gulf of Mexico go for it? BP expects to pay out $7.8 billion […]