Capital Market

AMCON Appoints Advisers for Sale of Mainstreet Bank

The Asset Management Corporation of Nigeria (AMCON) has appointed Barclays Africa Group Limited and Afrinvest as financial advisers for the divestment of its shareholding in Mainstreet Bank Limited. The corporation also appointed Banwo and Ighodalo as legal advisers on the divestment. The corporation disclosed this in a notice titled: “Invitation […]

Assets custodians seek more foreign portfolio investments

The Association of Assets Custodians of Nigeria has said it is important for the nation to attract more of the over $120tn of investment under custody globally. The association, which said foreign portfolio investment was important to the economic development of all countries, explained that at the moment, only about […]

Union Bank of Nigeria Plc – Divestment from Non-Banking Subsidiaries

By InvestAdvocate Union Bank of Nigeria Plc has notified The Nigerian Stock Exchange that the Bank has appointed financial advisers for the purpose of obtaining guidance and direction on the best option for complying with the directive of the Central Bank of Nigeria (CBN) regulation for all banks to divest […]