Fresh facts have emerged that First Rand Bank, one of South Africa’s biggest banks, may acquire one of the nationalised banks under the control of the Asset Management Corporation of Nigeria. The Chief Executive Officer, FirstRand, Mr. Sizwe Nxasana, said during the inauguration of Rand Merchant Bank Nigeria on Thursday […]
Tag: Asset Management Corporation of Nigeria
Financial sector rescue operation cost N5tn –AMCON
The Asset Management Corporation of Nigeria has said that it has injected a total of N5tn to rescue the nation’s financial sector and save the economy. A statement by the corporation, made available to our correspondent on Tuesday, quoted the Chairman, AMCON, Alhaji Kola Belgore, as saying this at the […]
Stockbrokers’ Conference Begins Today
The 2012 Annual Conference of the Chartered Institute of Stockbrokers (CIS) will begin today in Lagos with the theme: ‘Appraisal of the Nigerian Economy and Agenda for Sustainable Capital Market Recovery.’ The conference would appraise the economy as a whole in terms of which area the government should concentrate on […]
