By Agency Reporter Royal Bank of Canada, the country’s largest lender, is seeking buyers for its United States consumer banking operation a decade after entering the market, said three people with knowledge of the talks. Royal Bank is getting advice from JPMorgan Chase & Company on the potential sale of […]

By Agency Reporter JP Morgan has raised Nigerian external bonds to overweight in its model portfolio, citing high oil prices and the likelihood that April elections will pass off smoothly, returning incumbent President Goodluck Jonathan. Reuters quoted a statement by JP Morgan as saying, “Elections should not be destabilising with […]

By Udeme Ekwere The former Prime Minister of the Republic of Ireland, Mr. Bertie Ahern, has commended the ongoing restructuring in the Nigerian banking sector. According to him, proper regulation in the banking sub-sector will attract more Foreign Direct Investment into the country. Ahern was quoted in a statement from […]