Financial Regulatory Forum

Nigeria bourse boss denies debts as showdown deepens

By Nick Tattersall
LAGOS, Aug 24 (Reuters) – The head of Nigeria’s stock exchange on Monday denied being among debtors owing banks billions of dollars, the latest high-profile business figure to join a showdown with the country’s new central bank governor.

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Nigeria bank bailout gives big opening to foreign investors

Lagos, Nigeria's central business district (File photo) By Ed Cropley, African Investment Correspondent
JOHANNESBURG, Aug 17 (Reuters) – Anyone wanting to be big in Africa has to be big in Nigeria, and the shock $2.6 billion bailout of five of its banks may have given foreigners a golden chance to enter the continent’s must-have market on the cheap. (more…)

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