Easykobo

Sep 5 (Lagos) - Last week a discussion on "unlocking business possibilities: Lessons from India-Nigeria partnership" was hosted by Lagos Business School in Lekki. Officiated by the Indian High Commissioner to Nigeria, Mr Mahesh Sachdev, who disclosed India's position as Nigeria's second largest trading partner and largest investor, the discussion focused on the existing relationship between both countries and the limitless possibilities that a partnership could hold.

We provide an in depth view of the merget deal between Access bank plc and rescued lender Intercontinental bank plc which got cash injections from Asset Management Corporation of Nigeria (AMCON).

Licences of Afribank, PHB and Spring bank have been revoked by the CBN as they did not demonstrate the necessary capacity and ability to recapitalise before the September 30th deadline. A bridge bank has been created for each of the three banks. Follow all the latest financial news from Nigeria on easykobo dot com.

For the 3rd consecutive year, GT Bank has been named "Best Bank in Nigeria" by pre-eminent international finance magazine Euromoney. The award was presented at the 2011 Euromoney Awards for Excellence Dinner, held in London on July 7th, 2011.

Airtel Networks Nigeria has appealed to the Federal Government through the Nigerian Communications (NCC) Commission to "include telecommunications equipment in the list of national infrastructure protected by law" in order to safeguard investments and ensure quality service to subscribers.

CBN Governor, Lamido Sanusi said that Jaiz Bank had been approved as the nation's first Islamic bank. Jaiz bank has six months to comply with the central bank's terms to the the final license. He also that the CBN is planning to issue a first sovereign sukuk bond with-in the next 18 months. No further details about the size were provided.

The situation from inside the exchange is that shareholders are becoming desperate to sell the shares in these banks but there are no buyers for them.(Easkobo) CBN governor Lamido Sanusi said that they will not wait for endless litigation and will contunie to try and recapitalise rescued banks before Sep 30 deadline. After which they could be liquidated and shareholders' could lose everything.

May 26 (Easykobo) - The First Lady of Lagos State, Her Excellency Dame Abimbola Fashola, today commissioned the ultra-modern, multi-million naira primary school built by Leading Telecommunications Services Provider, Airtel Nigeria in Ajeromi Ifelodun Local Government Area in Ajegunle, Lagos State.

May 23 (easykobo) - Naira remained weak even as the Central Bank sold $400 million dollars at its forex auction held in Abuja. The central bank sold $400 million at 153.38 to the dollar at its auction, short of the $452.31 million demanded, but higher than $300 million sold at 153.21 to the dollar at its auction on Wednesday last week

Airtel, Nokia, Pearson, Longman and Lagos State Government today signed a pact on education content delivery to public schools using latest mobile technology. The partnership involves the use of mobile phones to deliver and share high quality educational content in public schools where IT infrastructure may be limited.