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Can Banks Sustain Q1 Performance?

    06.22.2010    After most banks exposed their losses and meagre profits, the calculations currently for most of the banks, is how to strategise to ensure that the numbers end better come next common- year end, December 31, 2010. Emele Onu reports     Merrill Lynch, the investment banking and […]

BP puts Bob Dudley in key Gulf clean-up role

  By ROBERT BARR, Associated Press Writer LONDON – Embattled Englishman and CEO Tony Hayward on Wednesday handed over BP’s handling of the Gulf of Mexico oil spill to an American executive brought up in one of the states affected by the disaster. BP PLC confirmed that Bob Dudley is […]

Tier 2 Banks Not Fairly Valued -Renaissance Capital

  By, 06.22.2010    Renaissance Capital Limited has said that the current valuation gaps between the first four banks in Nigerian and the tier two banks is not justifiable as the only difference between them can only be explained by liquidity.      The Russian investment firm, which made this […]