By Stanley Opara Monday, 10 Jan 2011 Consolidated Estates Building Society Limited, TMC Savings and Loans Limited and Mutual Alliance Savings are working on a merger of the institutions. This move, according to a statement by Consolidated Estates and Building Society on Friday, is aimed at repositioning the firms to become […]

By Udeme Ekwere Monday, 10 Jan 2011 Capital market operators that had hitherto suspended their plans to raise their capital base have resumed fundraising activities with the takeover of the bad debt of most banks in the country by the Asset Management Corporation of Nigeria. Findings by our correspondent showed that […]

By Ademola Alawiye Monday, 10 Jan 2011 Financial analysts have urged the Central Bank of Nigeria to meticulously evaluate core investors that are bidding to buy the rescued banks that failed the joint stress test conducted by the CBN and the Nigerian Deposit Insurance Commission. Analysts, who spoke in an interview […]