By Gbenga Agbana Tuesday, 2 Nov 2010 To reduce the incidence of unclaimed dividends in the capital market, some shareholders have advised the government to extend the expiry date of dividend warrants. Hitherto, dividend warrants expired six months after the issuance date, after which it must be revalidated by registrars of […]
Author: InvestAdvocate
Specialists to oversee corporate governance practices in banks-CBN
ByAdemola Alawiye Tuesday, 2 Nov 2010 The Central Bank of Nigeria on Monday said that it was in the process of engaging specialists to oversee and review corporate governance practices in the banking industry on a continuous basis. The CBN Governor, Mr. Lamido Sanusi, said this at the 2010 Bank […]
Naira rises on expected oil sector sales
By Agency reporter Tuesday, 2 Nov 2010 The Central Bank of Nigeria intervened with an offer of $250m for sale at the foreign exchange auction on Monday. Reuters news reported that the naira gained against the dollar at the interbank market on Monday, lifted by anticipated forex sales by energy firms […]
