Culled—Proshare 3/8/2016/ARM Research Focus shifts today towards developments on the domestic policy review in ARM’s core strategy document – the “Nigeria Strategy Report H2 2016”; looking at the socio-political landscape over the last six months and the outlook for the rest of 2016 We continue with our series of excerpts […]
Updates
Nigeria Diamond Bank might raise new capital, sell some assets – CEO
3/8/2016/Reuters By Chijioke Ohuocha Aug 3 Nigeria’s Diamond Bank is considering raising fresh capital and selling some assets in order to strengthen its capital base, its chief executive said on Wednesday. Uzoma Dozie said the bank’s capital plan will ensure it meets all regulatory requirements both in the short term […]
Nigeria’s FCMB plans capital raising of up to 15 bln naira -CEO
3/8/2016/Reuters Nigerian mid-tier lender FCMB plans to raise 10 to 15 billion naira ($47 million) in Tier II debt to boost its capital ratio and will target its retail investors for the offering, its chief executive officer said on Wednesday. Ladi Balogun said its capital ratio was close to the […]
