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Intercontinental Bank to increase share capital

By Okechukwu Nnodim Intercontinental Bank Plc is set to increase its authorised share capital to N10bn subject to approval of shareholders at its forthcoming Annual General Meeting in September. A publication by the bank which was signed by its Secretary, Mr. Akeem Babatunde, said investors of the bank would consider, […]

AMCON Had a Duty to Act – Mustapha Chike-Obi

August 22, 2011 The recent acquisition of three erstwhile rescued banks by the Asset Management Corporation of Nigeria after they were bridged by the Nigeria Deposit Insurance Corporation (NDIC) has continued to generate a lot of comments by the public. AMCON’s managing director and chief executive Officer, Mr. Mustapha Chike-Obi, […]

Okonjo-Iweala’s economic blueprint

By Eze Onyekpere The recent media briefing by the Minister of Finance, Dr. Ngozi Okonjo-Iweala, who coordinates the Economic Management Team of the Federal Government on the key priorities of government calls for a critical review and analysis. The key areas identified by the minister are infrastructure, focusing on the […]