Soludo consolidating nigerian banking

Posted by / 29-Aug-2017 19:34

This treatise seeks to look at the legal issues that may be confronted in Mergers and Acquisition, especially making the case for the Banking sector on the backdrop of the new guidelines from Central Bank of Nigeria (CBN) regarding the N25 Billion minimum capital for Banks in Nigeria.[2] At face value, it is likely that only a few, if any, banks in Nigeria currently meet that requirement.

Acquisition on the other hand, is sometimes used in the financial community to mean a transaction in which a large corporation purchases a smaller corporation.

There are very few decided cases in this area of the Nigerian law.

In fact as noted by one pundit in an article recently in a Nigerian Newspaper, only two major Nigerian companies have merged since 1960.

The Associates of the firm are licensed to practice law in multiple jurisdictions including but not limited to Nigeria, California, the Fiji Islands and six other Jurisdictions in the United States.

The law firm also has close association with reputable firms in the United Kingdom and other Asian countries.

soludo consolidating nigerian banking-32soludo consolidating nigerian banking-49soludo consolidating nigerian banking-83

One thought on “soludo consolidating nigerian banking”

  1. While over 100 companies in the US offered speed dating through online registration during the growing of the Internet, between 20 three large speed dating companies emerged with a national footprint in the US, with events in over 50 US cities: Hurrydate, 8Minute Dating and Pre-Dating.