Author: InvestAdvocate

‘N200bn manufacturing intervention fund should be scrutinised’

  By Nike Popoola   Monday, 13 Sep 2010   There is need to ensure that the N200bn fund being disbursed by the Bank of Industry for the revival of the manufacturing sector is used for the purpose for which it is intended. The Registrar and Chief Executive Officer, Institute […]

‘Abolishment of universal banking may increase market volatility’

  By Udeme Ekwere   Monday, 13 Sep 2010   Analysts have said that the recent abolishment of universal banking model by the Central Bank of Nigeria may increase volatility in the Nigerian capital market. The CBN had on Wednesday, drawn the curtains on universal banking in the country, in […]

Regency Alliance’s shareholders approve recapitalisation plan

    By Udeme Ekwere   Monday, 13 Sep 2010   Shareholders of Regency Alliance Insurance Plc have approved plans by the company to raise additional capital to improve its operations. The shareholders gave the approval at the company‘s Annual General Meeting in Lagos on Thursday, saying, ”The company be […]