10.13.2010  Writes that last week’s suspension of companies by Nigerian Stock Exchange (NSE) over non compliance with listing requirements and punishment of two brokers by Chartered Institute of Stockbrokers (CIS) for infractions are actions in line with efforts to instil discipline and restore investors’ confidence in the market.   […]

By Efem Nkanga, 10.13.2010 President Goodluck Jonathan has finally approved New Genera-tion Consortium’s bid to acquire 75 per cent of the Nigerian Telecommunica-tions Ltd (NITEL) and its mobile arm, M-TEL, for $2.5 billion.The Bureau of Public Enterprise (BPE) said yesterday that the president, apart from giving approval for the conclusion […]

By Emele Onu with agency report, 10.13.2010  The Central Banking of Nigeria (CBN) has taken a position to slow down spending of the country’s external reserves for the purpose of defending the naira.Reuters News quoted the CBN Governor Sanusi Lamido Sanusi yesterday as  having told Reuters Insider television in Washington […]