The Nigerian Stock Exchange All- Share Index rose to a seven-month high, advancing 0.4 percent to 25,126.20 at the close in Lagos, Bloomberg data show. Nigerian Bank Nigeria Nigerian Stock Exchange

The Nigerian Stock Exchange (NSE), Monday, delisted Afprint Nigeria Plc from its Daily Official List.The company’s shares had been placed on full suspension after it informed the NSE of its planned exit from the capital market, subsequent to the approval of its Scheme of Arrangement by shareholders and the court. Nigerian Bank Nigeria Afribank Nigeria Plc

Nigeria’s central bank will avoid any “shotgun” sale of rescued lenders and may take the rest of the year to complete deals with prospective international buyers. “It is not a shotgun marriage, these things happen as they come,” Governor Lamido Sanusi said in an interview in the commercial capital, Lagos. The process may take until the end of the year, Sanusi said. Nigerian Bank Nigeria Bank PHB Plc

Investors interested in acquiring stakes in the banks bailed out by the Central Bank of Nigeria have been asked to make their top three choices, Governor Lamido Sanusi said in an interview with CNBC Television today. Nigerian Bank Nigeria Afribank Nigeria Plc

FirstRand Ltd. and Standard Bank Group Ltd., South Africa’s two biggest banking groups, have both registered with Nigeria’s central bank to investigate buying distressed lenders in the West African country. Nigerian Bank Nigeria Afribank Nigeria Plc

Any sack of workers that does not follow due process by commercial banks will be nullified, the Federal Government has warned. Nigerian Bank Nigeria CBN Central Bank Of Nigeria

The Central Bank of Nigeria CBN yesterday said it has appointed 10 new executive directors for three of the eight banks it rescued last year. Nigerian Bank Nigeria Afribank Nigeria Plc

That the global financial meltdown is taking a far more punitive toll on various sectors of the Nigerian economy is no longer in doubt for ardent followers of the phenomenon that had already rendered developed economies prostrate over the past two years. Nigerian Bank Nigeria Afribank Nigeria Plc

Stakeholders in the ten bailed-out banks and the Central Bank of Nigeria (CBN) have agree to work together on the process to recapitalize the banks. Nigerian Bank Nigeria Bank PHB Plc

It is not an easy task to be an investor or shareholder of quoted companies in Nigeria these days. SEGUN EDWARDS writes about the pains that shareholders are going through in the hands of company registrars in the process of verifying share certificates, irregular signatures, unclaimed dividends, missing mails, impersonation among others. Nigerian Bank Nigeria Fidelity Bank Plc