The Capital Market Committee has said it is finalising work on a 10-year master plan aimed at ensuring the guided growth of the Nigerian capital market. The master plan, which is meant to cover the 10 year-period from 2015 to 2025, is specifically aimed at increasing the depth of the […]

U.S. retailer Dollar General Corp (DG.N) is preparing to go hostile as soon as this week in its bid to buy rival Family Dollar Stores (FDO.N), taking its $9.1 billion offer directly to shareholders after being spurned twice by its smaller rival, people familiar with the matter said on Tuesday.  Dollar General […]

The advisers of the Assets Management Corporation of Nigeria have reduced the 23 investors lining up to buy Mainstreet Bank to just seven, with the bad assets manager hoping to name the successful buyer on October 31. The successful buyer of Enterprise Bank, one of the three nationalised banks created […]