Author: InvestAdvocate

Bears Sustain Hold on NSE

There was no respite for investors on the trading floor of the Nigerian Stock Exchange (NSE) Wednesday as activities continued on bearish note on the back of renewed effort by majority of investors to take profit following the marginal gains recorded the previous week. The market had last week relapsed […]

Sanusi: Compel Multinationals to List on NSE

Governor of the Central Bank of Nigeria (CBN), Mallam  Sanusi Lamido Sanusi Wednesday   called for a legislation that would compel multi-national companies operating in the country to list on the floor of the Nigerian Stock Exchange (NSE). Sanusi said there was no reason why such firms, including MTN, GLO and […]

6% customers owned 88% of bank deposits in 2010- NDIC

The imbalance in the Nigerian financial system has been brought to the fore with 2,512,531 depositors, or six per cent of those who placed their money in the Deposit Money Banks in 2010 having N9.53tn or 88 per cent of the total N10.84tn bank deposits during the year. The remaining […]