11/7/2016 /S & P Global Ratings Culled—–Proshare We understand that Nigeria-based Skye Bank has breached some regulatory ratios, including the minimum capital adequacy and liquidity ratios. This has lead the Central Bank of Nigeria to intervene, suspending the bank’s board of directors and changing its top management on July 4, […]
Updates
MasterCard Starts a “Priceless Conversation” to support Stand Up To Cancer
7/7/2016/MasterCard Annual Dine Out campaign kicks off with goal to bring total funds raised up to $35MM to fight cancer in the U.S. and Canada This summer, lingering over a meal can mean getting together for a great cause. Whether it’s brunch, lunch, dinner – any meal at all – […]
AMCON to Wind-Up MRS Holdings Ltd Over N81billion Debt
July 11, 2016/AMCON As part of its recovery efforts, which has been stepped up in the last couple of months, the Asset Management Corporation of Nigeria (AMCON) has initiated steps to wind-up MRS Holdings Limited over the inability of MRS to pay a whooping N81billion owed AMCON. AMCON commenced a […]
