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  1. 5 days ago · "The Corporation may acquire an interest in an eligible bank asset or an eligible financial institution if the Corporation considers it necessary or desirable to do so and shall acquire any eligible bank asset if so requested by the Nigerian Deposit Insurance Corporation acting in consultation with the Central Bank of Nigeria in pursuance of Section 38(2) of the Nigerian Deposit Insurance Act."

  2. 4 days ago · On that eventful day of 28th March, 2024 – the night before Good Friday 2024, the Central Bank of Nigeria (CBN) issued a circular titled "Review of Minimum Capital Requirements for Commercial, Merchant and Non-interest Banks in Nigeria" (Circular) for an upward review of the minimum capital for all Nigerian banks.

  3. 2 days ago · In order to better understand the moderating impacts of financial performance, this article looks at the relationship between ownership structure and firm performance of Nigerian listed commercial banks. Data on ownership structure and yearly financial reports at the firm level from 2013 to 2022 are used in the empirical analysis. Panel regression analysis methods. Block share ownership and ...

  4. 5 days ago · A Lagos Federal High Court, has restrained Assets Management Corporation Of Nigeria (AMCON), and any other parties involved in N350, 556, 046.58million debt recovery in respect of landed property situated at Plot B, block 84/86 Magodo Residential scheme, in Somolu Local Government Area of Lagos State. A Federal High Court had made an interim order granting AMCON to take possession over a ...

  5. 5 days ago · Barrister Jimoh Ibrahim in the eye of the storm. The two remaining multi-billion Naira businesses that were hitherto owned by Barrister Jimoh Ibrahim, {owner of defunct Nicon Airline and lately, Air Nigeria,} have been wrestled from him by the Asset Management Corporation of Nigeria, AMCON, and new management and board of directors assembled to continue running the affairs of those companies.

  6. 6 days ago · Access Holdings Plc is a Nigeria-based financial holding company. The Company operates through four subsidiaries: Access Bank Plc (the Bank), Hydrogen Payment Services Company Limited, Access Pensions Limited and Access Insurance Brokers Limited.

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