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Court Restraint on Bridge Banks operation: CBN NDIC Debunk news publication

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) and the Nigerian Deposit Insurance Corporation (NDIC) Wednesday debunked Newspaper publications that a Federal High Court sitting in Lagos Tuesday November 15 2011, restrained Mainstreet Bank Limited, Keystone Bank Limited and Enterprise Banks Limited all three nationalised Banks from […]

Nigeria to auction 111 billion naira of treasury bills

Nigeria said on Wednesday it will auction treasury bills worth 110.85 billion naira ($696.29 million) at its regular debt auction next week, the central bank said.  The regulator said it will sell 29.64 billion naira in 91-day paper, 40.68 billion naira in 182-day treasury bills and 40.53 billion naira in […]

Court restrains bridge banks from mgt of nationalised banks’ assets

A Federal High Court sitting in Lagos, yesterday, restrained Mainstreet, Keystone and Enterprise Banks, which inherited the assets of the three nationalized banks from further dealing in the assets, businesses and operations of the defunct banks pending the determination of the suit filed by some aggrieved shareholders of the banks. […]