Author: InvestAdvocate

Banking sector growth depends on increased lending – Afonja

By Ademola Alawiye Wednesday, 26 Jan 2011 Chairman, First Bank of Nigeria Plc, Mr. Ajibola Afonja, has said that the full recovery of the banking sector will depend on the growth of the domestic credit market. According to a statement from the bank, Afonja in his inaugural address said, “Full recovery […]

Recapitalisation: Stockbroking firms opt for mergers

By Gbenga Agbana Wednesday, 26 Jan 2011 Some of the 57 firms suspended recently by the Nigerian Stock Exchange over inadequate capital base are making moves to merge their operations to meet the Exchange’s recapitalisation requirement, the Interim Administrator of the NSE, Mr. Emmanuel Ikazoboh, has said. Ikazoboh, who disclosed this […]

Recapitalisation: Stockbroking firms opt for mergers

By Gbenga Agbana Wednesday, 26 Jan 2011 Some of the 57 firms suspended recently by the Nigerian Stock Exchange over inadequate capital base are making moves to merge their operations to meet the Exchange’s recapitalisation requirement, the Interim Administrator of the NSE, Mr. Emmanuel Ikazoboh, has said. Ikazoboh, who disclosed this […]