-set to raise N7.5 billion via Placement   Lagos (investadvocate)- The Central Bank of Nigeria (CBN) on Tuesday September 05 2010 confirmed that Wema Bank Plc (Wema) has emerged the first Nigerian Bank to apply for a Regional Banking licence in Nigeria. And has received approval from the […]

 October 05 2010   Lagos (investadvocate)- The Nigerian National Assembly today in Abuja Nigeria screened the Board of Asset Management Corporation (AMCON) nominated by the Ministry of Finance and the Central Bank of Nigeria (CBN).   Aliyu Belgore, Chairman designate of AMCON affirmed that the problem of toxic asset in […]

    Lionel Laurent (Reuters)   Former Societe Generale trader Jerome Kerviel was sentenced to three years in jail by a Paris court on Tuesday for his role in a trading scandal and ordered to pay the French bank 4.9 billion euros (4.2 billion pounds).   The verdict came as […]