10 July 2010 – First Bank of Nigeria Plc has concluded plans to buy one of the eight banks that were bailed out by the Central Bank of Nigeria (CBN) last year.  Chairman of the bank, Oba Otudeko, who disclosed this in Johannesburg, South Africa, on Friday also […]
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N5bn capital base: ‘Mergers, acquisitions likely in PMIs’
By Ronke Badmus Monday, 12 Jul 2010  The Chief Executive Officer , Intercontinental Homes, Mr. Adeniyi Akinlusi, has said that the recent step taken by the Central Bank of Nigeria to reform the banking sector, including the Primary Mortgage Institutions, will result in a couple of mergers and acquisitions. […]
Global crisis: The economy, three years after
By Sunday Ojeme Monday, 12 Jul 2010    With some other countries recovering fully from the effects of the global financial crisis, Nigeria is still patching its pieces almost three years after. Sunday Ojeme writes.  Almost three years after the global financial crisis, which threatened the world economy […]
