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All posts tagged "Mainstreet Bank"

  • AMCON seeks buyers for Enterprise Bank

    The Assets Management Corporation of Nigeria has formally invited interested buyers to express interests in acquiring its 100 per cent stake in Enterprise Bank Limited, one of the three banks nationalised by the Federal Government in 2011....

    • Posted September 4, 2013
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  • Mainstreet Bank lauds FG, commits N10bn to agric development

    Executive Director, Corporate and Investment Banking, Mainstreet Bank Limited, Mr. Roger Woodbridge, has commended the Federal Government (FG) for coming up with the Growth Enhancement Scheme (GES), which is designed specifically to provide affordable agricultural inputs like...

    • Posted July 18, 2013
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  • Ovia, Elumelu May Return to Zenith, UBA This Year

    There are strong indications that the former Managing Director/Chief Executive Officer (MD/CEO) of Zenith Bank Plc, Mr. Jim Ovia, and his erstwhile counterpart at the United Bank for Africa (UBA) Plc, Mr. Tony Elumelu will return to...

    • Posted May 27, 2013
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  • Chike-Obi: Why We Want to Commence Sale with Enterprise Bank

    The Asset Management Corporation of Nigeria (AMCON) has offered insights into its decision of the corporation to start the sale of its three banks – Enterprise Bank, Keystone Bank and Mainstreet Bank with Enterprise Bank. AMCON describes...

    • Posted May 27, 2013
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  • Mainstreet bank in trouble over sacked workers gratuity

    The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has given the management of Mainstreet Bank one month ultimatum to pay the gratuity of sacked workers of the bank. This is contained in a...

    • Posted March 27, 2013
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  • Nigerians Should Expect Stable Money Market Rates By March 2013 – Mainstreet CEO

    The Group Managing Director of Mainstreet Bank, Faith Tuedor-Matthews recently revealed that a combination of the current liquidity in the system and the decision of the Central Bank of Nigeria’s Monetary Policy Committee to retain the Monetary Policy...

    • Posted January 27, 2013
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  • MainStreet Bank Back to Profitability, Records N3 billion before H1, 2012

    Mainstreet Bank is on the lookout for new suitors as AMCON seeks to dispose off the asset to foreign or a consortium of local investors. The Bank disclosed in a statement that it made N3 billion group...

    • Posted August 14, 2012
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  • AMCON may List Nationalized Banks on the Stock Exchange

    The Asset Management Corporation of Nigeria (AMCON) is musing over whether to list the banks it nationalized on the Nigerian Stock Exchange. AMCON is exploring several ways of disposing of the banks from its custody and it...

    • Posted July 4, 2012
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  • Mainstreet Bank Terminates 800 Employees, Labour Threatens Nationwide Shutdown

    Mainstreet bank, formerly Afribank Nigeria Plc, terminated the services of 800 of its employees last Friday, including 650 members of the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), a unit of the Trade...

    • Posted June 26, 2012
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  • AMCON May Take Keystone, Enterprise and Mainstreet banks Public

    The Managing Director of  the Asset Management Corporation of Nigeria (AMCON), Mustapha Chike-Obi, has disclosed that Keystone, Enterprise and Mainstreet banks may be re-listed (as it were) on the Nigerian Stock Exchange. The former Bank PHB, Spring...

    • Posted May 7, 2012
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