By Udeme Ekwere Monday, 10 Jan 2011 Capital market operators that had hitherto suspended their plans to raise their capital base have resumed fundraising activities with the takeover of the bad debt of most banks in the country by the Asset Management Corporation of Nigeria. Findings by our correspondent showed that […]
Author: InvestAdvocate
Rescued banks: Analysts urge CBN to thoroughly evaluate bidders
By Ademola Alawiye Monday, 10 Jan 2011 Financial analysts have urged the Central Bank of Nigeria to meticulously evaluate core investors that are bidding to buy the rescued banks that failed the joint stress test conducted by the CBN and the Nigerian Deposit Insurance Commission. Analysts, who spoke in an interview […]
NSE to impose sanctions on under-capitalised firms
By Udeme Ekwere Monday, 10 Jan 2011 Beginning from this week, the Nigerian Stock Exchange will be imposing sanctions on erring stock broking firms. Specifically, firms that have not complied with the capital requirement for operations in the NSE are to be punished by the market regulator. The Interim Administrator, NSE, […]

