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A Special Report on the Nigerian Banking System: The Ripple Effects of Lehman – A Tale of Sin and Redemption?

Orrick Restructuring GroupPosted on November 1, 2014

​This article focuses on the banking sector crisis which engulfed the Nigerian financial sector from 2008 to 2011, and the steps taken by the Central Bank of Nigeria (CBN) in restoring financial stability. We discuss the impact and the opportunities for international and domestic investors resulting from the crisis.  Read More.

Posted in Distressed Assets & Alternative Investments, Financial Problems of Municipalities Tagged 2004 (BOFIA), Africa, Asset Management Corporation of Nigeria (AMCON), Banking and Other Financial Institutions Act, Banking Sector Crisis, Central Bank of Nigeria (CBN), Equitorial Trust Bank Plc, EU Bank Recovery and Resolution Directive (BRRD), FDIC, Financial Crisis, Finbank Plc, Intercontinental Bank Plc, Lehman Brothers, Nigeria, Non-Performing Loans (NPLs), Oceanic Bank Plc, Union Bank Plc
 

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