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Nigeria at 50 ranks 40 out of 53 in Governance

  Tuesday, 05 October 2010   Poor governance arising from visionless leadership in Nigeria has continued to attract negative local and international attention as the result of a recent governance performance assessment by a continental body has shown. The 2010 Ibrahim Index of African Governance has ranked Nigeria 40th out […]

Regulation only way to curb bonuses, says RBS chairman Sir Philip Hampton

  Jill Treanor,  Tuesday 5 October 2010   • Banks plan to pay £7bn in bonuses this year, thinktank predicts • Bonus payouts will yield £4.1bn in taxes for the Treasury   Regulation rather than self-imposed restraint is the only way to reduce City bonuses, the chairman of Royal Bank of […]

Fitch affirms Zenith Bank Plc ‘B+’

  October 5, 2010   Fitch Ratings has affirmed Nigeria-based Zenith Bank Plc’s (Zenith) ratings at Long-term foreign currency Issuer Default Rating (IDR) ‘B+’, Short-term foreign currency IDR ‘B’, Individual ‘D’, Support ‘4’, National Long-term ‘AA-(nga)’, and National Short-term ‘F1+(nga)’. The Outlook for the Long-term IDR is stable. The Support […]