TUESDAY, 29 JUNE 2010 FROM MADU ONUORAH (ABUJA), WOLE SHADARE, CHIKA GOODLUCK OGAZI AND TOSIN FODEKE (LAGOS)    Three international banks and some local investors have offered to take over five troubled banks in Nigeria. Governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, disclosed yesterday in […]

  By Emele Onu, 06.29.2010    The Central Bank of Nigeria (CBN) yesterday extended the recapitalisation deadline it gave Unity Bank and Wema Bank by three months. Both banks had been given till tomorrow, June 30 to recapitalise or face the axe of the apex financial institution.     The CBN […]

  By Emele Onu, 06.29.2010    Indications emerged yesterday that Unity Bank Plc might record a profit of about N8 billion for the half year ended June 30, 2010. This according to information marks a clean break from the loss recorded in the 2009 financial year. The bank also projects its […]