By Ayodele Aminu and Emele Onu, 07.01.2010  Standard & Poor’s, one of the world’s most reputable rating agencies, has said the Central Bank of Nigeria (CBN) may need to guarantee the acquisition of the rescued banks to be able to win the confidence of investors.   S&P, […]
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Q3: Skye Bank Projects N10.4bn Profit
By Goddy Egene, 07.01.2010  Skye Bank Plc, one the banks that passed the 2009 stress test of the Central Bank of Nigeria (CBN) has projected a profit before tax of N10.36 billion for the third quarter ending September 30, 2010.The profit, according to the figures made available by […]
ETI Raises Stake in Ecobank Nigeria
By Goddy Egene, 07.01.2010  The parent company of Ecobank Nigeria Plc, Ecobank Transnational Incorporated ( ETI), has increased its equity holding in the bank from 71 per cent to 85 per cent. Making the disclosure at the 22nd Annual General Meeting (AGM) held in Lagos yesterday, Chairman of […]

