Author: InvestAdvocate

Open letter to the CBN Governor-Mr. Sanusi Lamido Sanusi, CON

Introduction Let me thank the entire staff and management of the CBN for championing this initiative at improving the efficiency of the payment system in Nigeria. I am confident that with feedbacks from the Lagos pilot, the programme will get improved over time. But as a measure of initial feedback and in order to […]

Nigeria: Real Mobile banking to commence 2012-Analyst

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Mobile Banking in Nigeria will commence fully in year 2012. Olufemi Awoyemi, Financial Analyst and Founder/ Chief Executive Officer (CEO) of Proshare Nigeria Limited made this affirmation in a recent chat with www.investadvocateng.com in Lagos Nigeria. “We have not done Mobile Banking; it […]

Poor capital base stalls appointment of market makers

Some capital market operators on Thursday said that the inability of interested dealers to raise stipulated capital was responsible for the late appointment of market makers. They told The News Agency of Nigeria  in separate interviews in Lagos that the gloomy nature of the market was compelling dealers to shy […]