Post-merger: Shareholders save Nigeria from losing over N3tn

Started by MrVan, Oct 03, 2011, 03:02 AM

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MrVan

Oct 03, 2011, 03:02 AM
Shareholders of the five rescued banks by the Central Bank of Nigeria (CBN), last week saved the country from losing over three trillion naira if they had disapproved of the various merging proposals by the Board of Directors at the court-ordered Extra Ordinary General Meetings (EGMs).

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