By Goddy Egene, 09.06.2010   The weak corporate governance at the Nigerian Stock Exchange (NSE) and non-compliance with applicable laws, which were some of the reasons the Securities and Exchange Commission (SEC) intervened last month, are beginning to manifest.   A report obtained by THISDAY showed that the Council […]

  By Emele Onu, 09.06.2010 Nigeria’s external reserves dropped by $1 billion to $36.010 billion yesterday as against $37 billion as at the end of September.   Analysts attributed the depletion, which occurred just about a week to the pressure on the Central Bank of Nigeria (CBN) to finance importation. […]

    07 September 2010 The Federal Government may have concluded plans to sell its first global bond of $500 million next month.   The bond, after sale, may be used by the government to revive infrastructure in the ailing power sector.   Federal Government was also believed to be […]