Updates

Mergers, acquisitions likely in banking sector – Rewane, Utomi, others

August 1, 2016/Punch Oyetunji Abioye with agency report A natural consolidation in form of mergers and acquisitions is likely in the Nigerian banking sector, economic and financial experts have predicted. They said with the myriads of challenges facing the nation’s economy, some banks were likely to experience some challenges that […]

FCMB Manager Commits Suicide Over N350 Million Bad Debt

August 1, 2016/Punch Afeez Hanafi First City Monument Bank Plc says its official, Olisa Nwakoby, who committed suicide on Friday in front of Our Lady Star of the Sea Catholic Church in Lekki, Lagos State, had personal challenges and became frustrated. The bank, however, noted that neither the management nor […]

Nigeria Strategy Report H2 2016 – Brexit Dust Blurs Outlook for Portfolio Flows

Culled—Proshare July 30, 2016/ARM Research We commence the publication of ARM securities’ core strategy document “Nigeria Strategy Report H2 2016” with excerpts of the review assessing the movement in FPI flows to emerging markets over H1 2016, and the outlook on the same for the rest of the year. Review […]