Author: InvestAdvocate

‘CBN’s monetary policy slowed economy in 2011’

The Central Bank of Nigeria’s fiscal tightening measures slowed the country’s economy by impacting negatively on the real sector last year, analysts have said. Economic and financial experts who spoke with our correspondent on Monday noted that the CBN must loosen its tight monetary policy  in 2012 if the country’s […]

Ecobank Nigeria, Oceanic Bank complete merger

Following the recent shareholders’ approval of the merger of Ecobank Nigeria Plc and Oceanic Bank International, the requisite legal and regulatory approvals have now been obtained and the full merger of the two institutions has  been concluded. A statement by Ecobank on Monday said the complete merger between the two […]

Boko Haram Asks Christians, Southerners to Leave the North

  The police have described the threat by the fundamentalist group, Boko Haram, asking Southerners and Christians to leave the North within three days as baseless and designed just to create panic.   A spokesman for Boko Haram had on Sunday issued the ultimatum and threatened to confront troops after […]