Skye Bank picked as buyer for Nigeria's nationalised lender Mainstreet

LAGOS (Reuters) - Nigeria's state-owned rescue bank AMCON has selected mid-tier lender Skye Bank, as the successful bidder to buy nationalised lender Mainstreet Bank, AMCON said. Asset Management Company of Nigeria (AMCON) had sought bidders for the sale of its 100 percent stake in Mainstreet Bank, one of three banks nationalised following a $4 billion central bank bailout that saved several ...
Read the rest of the story on Yahoo Nigerian News

Added October 05, 2014
from Yahoo Nigerian News