By Obinna Chima Nigeria’s banking industry ratings could be upgraded as capital ratios are expected to rise to 20 percent next year, from their current 14 percent, Nigeria’s oldest ratings agency –Agusto &Co has said. A Senior Official at Agusto & Co disclosed this to Reuters Tuesday. The firm maintained […]

By Eromosele Abiodun Experts in the Nigerian financial service sector have called on investors nursing the idea of making quick gains by speculating on the shares of three rescued banks, Oceanic Bank Plc, Finbank Plc and Union Bank of Nigeria Plc, to exercise caution and consider of post-merger risks in […]

Press Release The Securities and Exchange Commission, SEC Nigeria has been thrown into mourning following the untimely demise of its Head, Media Division, Mr. Felix Olanrewaju Oloyi. Mr. Oloyi, an Assistant Director at the Securities and Exchange Commission, transited to the great beyond on Saturday, 3rd September 2011 at his […]