DaMina Advisors Frontier Markets Regulatory Alert – NIGERIA: Central Bank upends 2005 Soludo-era banking reforms. Abolishes current ‘universal bank licenses,’ creates new ‘regional, national and international bank licenses;’ Imposes IFRS standards on entire industry; Establishes new minimum capital requirements and bars commercial banks from proprietary trading, asset […]
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The M&A between Dangote Cement and BCC – Matters Arising
 Is it okay to promote/pitch the Dangote/BCC merger and listing as a good panacea to the leverage banks has on the NSE? Yes, it would appear so – without sentiments.  That is – unless such sentiments do not raise questions about the process, communication management, and the […]
Insurers laud Govt’s provatisation plan for PHCN
 Thursday, 09 Sept 2010 By Joshua Nse  THE Nigerian Insurers Association (NIA) has lauded the decision of the Federal Government to allow the private sector to take part in the transmission and distribution of electricity in Nigeria, describing the decision as a step in the right direction. […]

