By Ademola Alawiye Monday, 6 Dec 2010 As rescued banks continue to seek for new institutional investors, analysts have said that the emergence of new investors may cause a rally in the share prices of the affected banks. According to the Bi-monthly Economic and Business Update of the Financial Derivatives Company […]
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Oceanic Bank’s microfinance deposit hits N16.5bn
By Stanley Opara Monday, 6 Dec 2010 Oceanic Bank International Plc has said its savings deposit for microfinance, has hit N16.5bn. Speaking to our correspondent in an interview on Friday, the Head, Development Finance of the bank, Mr. Felix Oyakhamoh, said the bank was able to raise the sum within two […]
Recapitalisation: Value of banks depends on economy’s performance – Stakeholders
By Stanley Opara Monday, 6 Dec 2010 Stakeholders in the Nigerian financial sector have said that the value of the rescued deposit money banks depends on the performance of the Nigerian economy. They, however, said though the closure of deals for the sales of the banks to core investors might not […]
