By Agency Reporter Tuesday, 16 Nov 2010 Nigeria’s banking industry is undervalued by 36 per cent, African Alliance has said, identifying its top picks as United Bank for Africa Plc, Access Bank Plc and Diamond Bank Plc. According to a report by Bloomberg on Monday, Asset Management Corporation of Nigeria, the […]

Apparently your team was caught napping when the Interim Administrator and stockbrokers met last Saturday, 06th November 2010, to discuss proposed changes in the operations of the Nigerian stock market.   The proxy management of The Exchange wanted to sell to the stockbrokers a proposal to extend the trading hours and have cash […]

 • Divests five subsidiaries November 14, 2010   The Board of Directors of Diamond Bank Plc has approved the Bank’s plans to divest from its non-bank subsidiaries and focus on Commercial Banking. The Board however, decided to uphold its foreign bank subsidiaries and operate as an international bank.   Following […]