CONSOLEX

(redirected from Consolidation Exercise)
AcronymDefinition
CONSOLEXConsolidation Exercise
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That may be acceptable if the consolidation exercise makes the difference between being able to afford your monthly outgoings and not being able to, but the ideal scenario is to consolidate high interest debts on to a lower interest rate mortgage but then still pay them off in the short term.
PROFESSOR CHUKWUMA CHARLES Soludo, the immediate past governor of the Central Bank of Nigeria (CBN), is perhaps one of the best-known names in Nigeria today, largely because of the gusto with which he carried out the country's bank consolidation exercise five years ago.
And, going by the make-up of the 71 survivors, Chukwulozie had achieved a zero-liquidation consolidation exercise.
A consolidation exercise has the potential of running forever or of not delivering the value desired if the scope is not tightly managed.
The agencies have informed the key representatives from the tenants associations about the details of the consolidation exercise.
The consolidation exercise is the result of a strategic review of retail and wealth management vertical and will be carried out in the coming months in a phased manner, HSBC added.
Issuers took advantage of the strong investor appetite for equities, which were popularised mainly by the banking consolidation exercise.
For instance, restructuring the government itself must be central to this consolidation exercise.
She said: "Brambles Farm Nursery was placed on the market on behalf of Wind in the Willows, who are selling multiple units as part of a consolidation exercise.
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