Nigeria might be trying to lure local companies into listing on its stock exchange, with flotation activity set to increase – but it’s not the only one. London is stepping up its efforts too for listings in tandem. As the Nigerian Stock Exchange scrambles to regain the ground it lost […]
Tag: Nigeria
Wema Bank Poised To Return To National Bank Status
November 9, 2012 / Press Release /Wema Bank Plc …set to receive N35billion Capital Injection; Deposit Volumes growing at annualized rate of 15% Wema Bank, Nigeria’s most resilient financial institution and oldest surviving indigenous lender, yesterday, announced plans to reapply for a National Banking License in view of a proposed […]
Nigeria as Giant of Africa Receives $5 billion FDI from US-Ambassador
Ambassador Terence P. McCulley, the United States Ambassador to Nigeria recently granted an interview to the Economic Confidential magazine in Abuja. A career diplomat, McCulley started his career in Africa when he was posted to Niger, followed by assignments in South Africa, Chad and worked on Central African affairs. He […]
