Nigeria's First City Monument Bank (FCMB) said on Friday it had signed an agreement to recapitalise and merge with peer Finbank , one of the lenders rescued in a $4 billion bailout in 2009.
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Intercontinental Bank rewards money transfer customers
May 5, 2011 Comment Off 365 Views
INTERCONTINENTAL Bank has floated a “Money Transfer Easter Promo” to reward its loyal and prospective customers for using the Bank’s Money transfer platforms of I-Cash International, Western
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CBN sold $3.386 billion foreign exchange
May 5, 2011 1 Comment 59 ViewsThe Central Bank of Nigeria, CBN, sold $3.386 billion worth of foreign exchange at the Wholesale Dutch Auction System, WDAS, in the month of March, even as it promised to maintain the three per cent
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Ibori Preliminary hearing Moved to June
May 5, 2011 Comment Off 3172 Views
The Preliminary hearing scheduled for 10.am today inside the Southwark Crown Court House in the multiple count trial of former Delta State Governor Chief James Onanefe Ibori has been deferred at
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Fitch Threatens to Downgrade Nigeria’s Rating
May 5, 2011 Comment Off 36 Views
Global ratings agency, Fitch Ratings has threatened to downgrade Nigeria’s rating to B+ from BB- if the newly-elected government fails to implement badly needed reforms post-elections, to
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