406
views
(AFX UK Focus) 2010-05-25 14:23 Nigeria's Wema Bank details recapitalisation plans
LAGOS, May 25 (Reuters) - Nigeria's Wema Bank said on Tuesday it planned to raise 49 billion naira ($325 mln) through a special placement with foreign and local investors and was confident it could recapitalise before a central bank deadline. The bank said 34 billion naira of the amount would be raised with identified foreign investors, the remainder with strategic local investors. It said it ...
Read the rest of the story on Yahoo Nigerian News
Added May 25, 2010
from Yahoo Nigerian News
-
Retrospective 43 years of photojournalism from the veteran, Sunmi Smart-Cole
- Maryam Babangida (Nov. 1948-Dec. 2009): The first of our first ladies
- We don’t know if Nnamdi Kanu will attend father’s burial –Brother
- When your dad is at his last bus stop!
- Osoba’s loyalists angry with Abiodun over commissioners’ list
