By , 07.13.2010  Executives of Nigerian banks have given conditions that must be fulfilled for them to support and fund the Nigerian Content scheme put in place by the Federal Government to build local capacity and capability in Nigeria’s oil and gas sector.  Speaking on behalf of […]
Author: InvestAdvocate
Re-Nigerian Banks Are Gambling Houses
 The Central Bank of Nigeria has noted the above captured headline in a syndicated report in some national newspapers of Saturday, 10th July, 2010 in which the Governor, Mallam Sanusi Lamido Sanusi was alleged to have referred to Nigerian banks as gambling houses. The CBN wishes to state […]
First Bank to Acquire Distressed Bank
10 July 2010 – First Bank of Nigeria Plc has concluded plans to buy one of the eight banks that were bailed out by the Central Bank of Nigeria (CBN) last year.  Chairman of the bank, Oba Otudeko, who disclosed this in Johannesburg, South Africa, on Friday also […]

