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(AFX UK Focus) 2009-12-17 16:04 FACTBOX-Profile of Nigeria's rescued banks (Interactive Investor)

Dec 17 (Reuters) - Nigeria's central bank said on Thursday it had received interest from several potential bidders for stakes in some of the 10 banks it is seeking to recapitalise following a $4 billion bailout earlier this year. Mid-tier banks in sub-Saharan Africa's second-biggest economy see the bailout as an opportunity to acquire size and scale up their operations. But concerns for ...
Read the rest of the story on Yahoo Nigerian News

Added December 17, 2009
from Yahoo Nigerian News