Uncategorized

S’African bank, Sterling in advanced investment talks

By Ademola Alawiye South Africa’s second biggest bank, FirstRand Limited, is in advanced negotiations with Sterling Bank Plc over a strategic investment deal in the Nigerian financial institution. Our correspondent gathered from a source close to the deal that the discussion had reached an advanced stage, with the South African […]

Senator questions Goldman execs’ testimony

Senator questions Goldman executives’ testimony from last year after panel finds new evidence Marcy Gordon, AP Business Writer WASHINGTON (AP) — The head of a Senate panel investigating the financial crisis is questioning the accuracy of testimony Goldman Sachs executives gave to Congress last year about whether the firm steered […]

DMO plans N70bn bond sale

By Ademola Alawiye The Debt Management Office on Wednesday said that it planned to sell N70bn in three-year and five-year sovereign bonds next year. The debt office said it would, in its fourth debt auction of the year, sell N35bn each of the three-year and five-year bonds. It added that […]