Nigerian Business
Sanusi Lamido Sanusi, the Central Bank of Nigeria (CBN) Governor is noted for his outspokenness and straightforwardness.
On 15 December 2009, while addressing some businessmen during the 15th edition of the Nigerian Economic Summit (NES) at the Transcorp Hilton Hotel, Maitama, Abuja, Sanusi said: “The market should be a barometer of the health of the economy. [...]
Read More | Comments (4)
As African markets become even more dynamic, Reuters has been expanding its investments in the continent to deliver news, insights and data for the rapidly expanding community of financial professionals focused on Africa.
Nigeria is the latest beneficiary in this direction, as Thomson Reuters last week began offering real-time data from the Nigerian Stock Exchange [...]
Read More | Comments (1)
Shareholders of First City Monument Bank (FCMB) have given approval for a N100 billion ($670 million) bond issue to finance medium-term assets.
According to the FCMB’s spokesman Tunde Shofowora, the bank plans to launch a first tranche of N30 billion towards the end of January or February,
FCMB is the latest in a slew of banks in [...]
Read More | Comments
Soaking up Nigeria’s bad bank loans could cost the country’s planned asset management company 1N trillion but much of that figure would be recovered, Central Bank of Nigeria, CBN, Governor, Sanusi Lamido Sanusi, has said.
A bill to form an asset management company (AMC) which would exchange bad bank loans for government bonds is now before [...]
Read More | Comments
Fcb Redline, a public relations company in Lagos has announced the appointment of a new Managing Director in the person of Mr. Esan Sunday.
Esan took over from Mr Shola Adegborioye, who was in the acting capacity after the resignation of Mr. Akonte Ekine.
Until his appointment, Esan was the Group Head of Oceanic Bank’s Media [...]
Read More | Comments
|
