Capital Market

IFRS will enhance foreign investment in Nigeria

   Matthew Ojebola Thursday, 2 Dec 2010 The adoption of the International Financial Reporting Standard by the Nigerian financial sector will enhance foreign investment in the Nigerian economy, an IFRS expert, Mr. Charley Best, has said. Best, who is the Vice-President, Issues Central Incorporated, said this at the IFRS executive […]

$500m eurobond: Citigroup, Deutsche Bank selected as bookrunners

By Ademola Alawiye Thursday, 4 Nov 2010 Following the decision by the ministry of finance to kick off the $500m eurobond in December, Citigroup Incorporated and Deutsche Bank AG have been selected to act as bookrunners for the global bond. A spokesperson for the minister of finance, Mr. Okwudili Ojukwu-Enendu, said […]

Specialists to oversee corporate governance practices in banks-CBN

ByAdemola Alawiye Tuesday, 2 Nov 2010 The Central Bank of Nigeria on Monday said that it was in the process of engaging specialists to oversee and review corporate governance practices in the banking industry on a continuous basis. The CBN Governor, Mr. Lamido Sanusi, said this at the 2010 Bank […]