By Ademola Alawiye Deposit Money Banks in the “rescued” category that have not signed Memoranda of Understanding with core investors are fast-tracking the process to hedge against post-election uncertainties, investigation by our correspondent has revealed. Our correspondent gathered from sources close to the deals that the remaining banks would sign […]

By Agency Reporter United States stocks rose, with the Standard & Poor’s 500 Index extending its weekly rally, as forecasts at Oracle Corporation and Accenture Plc beat estimates.  Bloomberg News reported on Friday that Portuguese bonds fell after S&P downgraded the country’s debt, while the Australian dollar touched a record […]

By Ademola Alawiye Shareholders of rescued banks have vowed to continue with existing litigation stopping the current management of the banks from handing over the banks to new investors. The shareholders, who spoke in separate interviews with our correspondent, said that they were not carried along by the banks despite […]