By Kingsely Okwu   NIGERIA is not alone as it faces up to the challenges of the global economic crisis. We have already seen a multitude of different approaches to resolving the financial crisis as governments around the globe look to come to terms with the unprecedented financial conditions that […]

FOLLOWING price losses suffered by major blue chip stocks, equity transactions continued on a downward note yesterday, causing market capitalisation to drop further by N75 billion. Specifically, the All-Share Index dipped by 234.39 points or 1.04 per cent, to close at 22,313.23, from the opening index of 22,547.62. Also, the […]

By Eromosele Abiodun The Securities and Exchange Commission (SEC) Tuesday said   that  it had received schemes of arrangement from three rescued banks, a move that will formally alter the structure and share capital of the banks. SEC’s Head of Media, Mr. Lanre Oloyi, who confirmed the development in a telephone chat with […]