By Bertram Nwannekanma The planned sale of Platinum Habib Bank Plc (Bank PHB) by the Central Bank of Nigeria (CBN) to Habib Bank Limited of Pakistan has suffered a setback as a Federal High Court, Lagos yesterday halted the move pending the determination of a suit by some aggrieved shareholders. […]

By Agency Reporter The Asset Management Corporation of Nigeria has recovered N10bn debt owed Deposit Money Banks since its inception in November 2010, its Executive Director, Mr. Adegboyega Benson, has said. Benson made this known at the Capital Market Solicitors Association Members’ Forum in Lagos on Tuesday. He said that […]

By Agency Reporter Abbey Building Society Plc has given a N650m loan to Baze University, Abuja, for funding education infrastructure. According to a statement by Abbey on Tuesday, the alliance between Baze University and Abbey is meant to take advantage of the mortgage bank’s deep insight and knowledge in supporting […]