By Ademola Alawiye Shareholders of rescued banks have vowed to continue with existing litigation stopping the current management of the banks from handing over the banks to new investors. The shareholders, who spoke in separate interviews with our correspondent, said that they were not carried along by the banks despite […]

By Ademola Alawiye The benchmark lending rate was recently increased from 6.5 per cent to 7.5 per cent by the Monetary Policy Committee of the Central Bank of Nigeria. Experts say the increase will strengthen the value of the naira and control inflation, writes Ademola Alawiye. For the second time […]

  By Udeme Ekwere Analysts in the Nigerian capital market have predicted that capital market activities may not pick up till after the April elections. This is despite the impressive results released to the Nigerian Stock Exchange by major banks and other sub-sectors in the past few weeks. Analysts at […]