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CBN releases guidelines for granting liquid asset status to state govt. bonds

  THURSDAY, 01 JULY 2010 01:25 BLESSING ANARO     Three months after the Central Bank of Nigeria (CBN) decided to confer liquid asset status on eligible state government bonds, it has finally issued guidelines to operationalise the decision. With the guidelines, the Securities and Exchange Commission (SEC) is expected to monitor […]

S&P: CBN Requires Guarantee to Sell Banks

  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, […]

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 […]