17 September, 2010 The Bank has notified The Exchange that its Board of Directors has resolved to recommend the divestment of the Bank’s shareholding interest in its non-banking subsidiaries (the “Proposed Divestment”) for the consideration and approval of the Bank’s shareholders at a duly convened general meeting.   The […]

  -Advise Board to step up By Yakubu LAAH investadvocate Sept 17 2010 16.40 GMT     Lagos–Shareholders of Cornerstone Insurance Plc (Cornerstone) at the company’s 18th Annual General Meeting (AGM) held Friday September 17 2010 in Lagos Nigeria frowned on the three (3) years consecutive losses posted by the […]

  Friday, 17 September 2010   Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, declared yesterday that lending rate within the financial system must drop to single-digit by the end of the year.   Sanusi, who spoke to foreign media in London, Britain, said that weak bank lending […]