In Your Interest
March 9, 2017/Reuters Nigeria’s telecoms regulator met with the central bank on Thursday to discuss a $1.2 billion loan renegotiation between Etisalat Nigeria and a group of local lenders in order to forestall a possible takeover of the company by the banks. The Chairman of the Nigerian Communications Commission (NCC), […]
March 9, 2017/AMCON Hon. Justice Babs O. Kuewumi of the Federal High Court Lagos Division has granted an injunction against Mustasons Guest House Limited on Ajose Adeogun Street in Victoria Island, Lagos on the application of Asset Management Corporation of Nigeria (AMCON).The court order also restrained Alhaji Mustapha Aliyu Wushishi, […]
7/3/2017/Thisday By Damilola Oyedele in AbujaThe Nigeria Deposit Insurance Corporation (NDIC) has said insider loans, which constitute a higher percentage of non- performing loans in the industry, have negatively affected the sector. This is as the agency called for the enactment of legislation to prohibit insider loans, such as bank […]