Author: InvestAdvocate

Rescued banks ‘won’t be nationalised’

  By   Ayodele Aminu and Collins Nweze The Asset Management Corporation of Nigeria (AMCON) has said that none of the 10 banks rescued by the Central Bank of Nigeria (CBN) will be nationalised, despite huge investments the corporation has staked in them. AMCON Managing Director Mustafa Chike-Obi said although the […]

NSE: Oscar Onyeama assumes duty April 04 2011, Manu, Ikazoboh to remain on Council

  On 5th August 2010, the Securities and Exchange Commission intervened in The Nigerian Stock Exchange (NSE) as a result of developments in the Exchange which were eroding investor confidence and undermining the integrity of the Nigerian Capital Market.   The intervention which was to safeguard the interest of the […]

Monday Polls: Nigeria’s Exchange substantive CEO now to resume April 05

By investadvocate Lagos (INVESTADVOCATE)-The substantive Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) may now resume Tuesday April 05 2011; following the rescheduling of the Nation’s Parliamentary Polls for Saturday April 02 2011 which has now been postponed to April 04 2011 by the Independent National Electoral Commission […]