The Asset Management Corporation of Nigeria has said it will get the best bargain in the disposal process of the nationalised banks. The Managing Director, AMCON, Mr. Mustafa Chike-Obi, offered insight into the decision of the corporation to start the sale of its three banks – Enterprise Bank, Keystone Bank […]
Tag: Nigeria
Shareholders approve Lafarge’s N3.6bn dividend
Shareholders of Lafarge Cement WAPCO Nigeria Plc have unanimously approved a total dividend of N3.602bn proposed by the company as gross dividend for the year ended December 31, 2012. This amount translates into a dividend payout of N1.20k per share, and represents an increase of 60 per cent over 75 […]
FirstRand eyes Keystone, Mainstreet, dumps Enterprise Bank
The Managing Director and Chief Executive, FirstRand Bank, Mr. Sizwe Nxasana, has said the bank is no longer interested in Enterprise Bank Limited. Reuters quoted the Nxasana as however saying that it was still interested in Keystone Bank Limited and Mainstreet Bank Limited. FirstRand, South Africa’s second-largest bank by value, […]
