PRESS RELEASE President Goodluck Jonathan today, Monday, July 1, 2010 at exactly 3.28 pm signed the Asset Management Corporation of Nigeria, (AMCON) Bill into law. The Act provides the legal backing for the establishment of the long-awaited corporation. While signing the bill, President Jonathan stated that the establishment of […]
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We Have Been Vindicated On Banks Recapitalization- Renaissance
SUNDAY, 18 JULY 2010 00:00 EDITOR BUSINESS NEWS Professionals Friday’s papers were awash with the news that the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi has, after 12 months of intransigence finally agreed that shareholders of the eight taken over banks can finally recapitalize their banks. This […]
Nigeria’s external sector worsens in Q1
Jul 11, 2010 By Omo Gabriel and Babajide Komolafe/Vanguard Nigeria’s trade and investment relation with the rest of the world fell significantly in the first three months of the year, with foreign direct investments taking more of the heat as it dropped by 65 per cent. This deteriorating terms […]
