By Ademola Alawiye Monday, 1 Nov 2010 Emerging market fund managers at the Wall Street Investment Summit have selected Nigeria as their top African investment destination. According to a statement obtained by our correspondent on Saturday, the fund managers expressed interest in investment opportunities in Nigeria. Speaking on behalf of the […]

By Ademola Alawiye Monday, 1 Nov 2010 Indications have emerged that Intercontinental Bank Plc and Union Bank Plc may finalise discussions with potential bidders this week. Our correspondent gathered that the management of Intercontinental Bank was preparing to meet with a potential core investor later this week to discuss the conditions […]

By Agency Reporter Monday, 1 Nov 2010 Federated Investors Incorporation reported a 24 per cent decline in third-quarter earnings as one of the nation‘s top money-market fund managers criticised proposed changes to the industry, Wall Street Journal reported on Saturday. Federated Investors reported net income of $43.m, or 42 cents a […]