As the Eurozone crisis continues to eat deep into the European economies, indications have emerged that international banks and other financial institutions have further cut down credit lines to Nigerian and other African banks. Our correspondent gathered from senior officials in the banking sector that various local banks were recently […]
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Demutualisation, needed recipe to move market forward – Operators
Operators have said that the planned demutualisation of the Nigerian Stock Exchange will go a long way in improving activities in the market. They noted that going by the success stories recorded by some countries that had undertaken the process of demutualisation, it was important the regulators in the Nigerian […]
Ecobank Transnational acquires 100% stake in Trust Bank Ghana
By InvestAdvocate Lagos INVESTADVOCATE)-Ecobank Transnational Incorporated (ETI) Wednesday announced it has acquired a 100 percent (100%) stake The Trust Bank Ghana Limited (TTB). This was contained in a Notice to the Nigerian Stock Exchange (NSE) and obtained by www.investadvocateng.com in Lagos Nigeria. According to ETI, under the terms of the […]
