Uncategorized

Irish, EU, IMF face marathon talks for loan deal

By SHAWN POGATCHNIK and GABRIELE STEINHAUSER, Associated Press DUBLIN – As EU experts dug through the books of Ireland’s debt-crippled banks, the question moved from whether Ireland will take an international bailout to under what conditions.   On the firing line was Ireland’s prized low business tax, which the government […]

General Motors returns to NYSE after raising $20bn in IPO

By Agency reporter Friday, 19 Nov 2010 MICHIGAN: General Motors Company, which went bankrupt last year after almost a century on the New York Stock Exchange, returns to public trading on Thursday following an initial public offering that raised more than $20bn. Bloomberg reported on Thursday that GM‘s owners, including the […]

FCMB appoints new directors

By Nike Popoola Friday, 19 Nov 2010 Two new non-executive directors have been appointed to the board of First City Monument Bank Plc. They are Messrs. Mustapha Damcida and Olusegun Odubogun. Damcida is to serve as an alternate director to Alhaji IM Damcida A statement on Thursday quoted FCMB‘s Group Head, […]