By Ademola Alawiye As financial authorities intensify the shift towards a cashless economy in the country, some Deposit Money Banks have concluded plans to increase their minimum account opening balances. An investigation by our correspondent revealed that though only one of the banks had publicly announced its plans to increase […]

By Joe Rauch and Elzio Barreto CHARLOTTE, N.C./HONG KONG (Reuters) – Bank of America Corp is selling about half its stake in China Construction Bank for $8.3 billion, in its latest effort to shed assets and boost capital. A group of investors is buying 13.1 billion CCB shares from Bank […]

Press Release The Nigerian Stock Exchange (NSE) has informed the investing public that the market will not open for business on Tuesday, August 30 and Wednesday, August 31, 2011 in observance of the public holidays declared by the Federal Government to commemorate the 2011 Eid-El-Fitri celebration. On behalf of management […]