Friday, 16 Jul 2010      Unity Bank Plc has said it has secured an approval of the Securities and Exchange Commission to extend its rights issue offering by two weeks.The bank said in a statement in Lagos on Wednesday that the closing date for the offering would now be […]

  July 16, 2010   The Central Bank of Nigeria (CBN) has enhanced the participation of shareholders in the recapitalisation of  rescued banks by bestowing on them the power to midwife the process.They would also take the final decision on who invests in the financial institutions.   With this development, […]

  Written by Odidison Omankhanlen and Friday Ekeoba, Lagos Wednesday, 14 July 2010   Barring any unforeseen circumstance, the Asset Management Company (AMC), an establishment that will soak up bad debts in the banking sector, is set to take off in the next two weeks.   This follows the receipt […]