Shareholders of Skye Bank Plc have endorsed the plan by the bank to raise additional capital of up to N50bn. A statement by the bank explained that the shareholders gave the approval on Wednesday during the bank’s seventh Annual General Meeting in Lagos. They also approved the bank’s plan to […]
Tag: Nigeria
Analysts predict inflation’ll remain below 9% in 2013
Financial analysts have said inflation rate will remain in single digit throughout 2013, pointing out that forecast projects the rate to be below nine per cent for the remaining period of the year. Analysts at FSDH Merchant Bank Limited, in a report made available to our correspondent on Tuesday, said, […]
World Bank reviews $5.4bn investments in Nigeria
The World Bank on Tuesday began a review of its investments and activities worth $5.4bn in Nigeria. The investments are in 26 projects and involve 200 entities across the country. Speaking at the beginning of the review in Minna, Niger State, the World Bank Country Director in Nigeria, Ms. Marie-Francoise […]
