Author: InvestAdvocate

Economist, Shareholders and financial analysts disregard troubled banks’ Q1 profit

  Jul 5, 2010 By Peter Egwuatu & Micheal Eboh   Economists, Shareholders and financial analysts have dismissed the perceived return to profitability of the eight troubled in their first quarter result for 2010 expressing lack of confidence in the ability of the Central Bank of Nigeria (CBN)’s rescued banks […]

Capital market committees: Stakeholders seek closer monitoring of regulators

  Jul 5, 2010 By Michael Eboh   The need for effective  supervision of self  regulatory organisations (SRO) and enactment of laws barring officials of regulatory authorities in the capital market from sitting on the Board of public companies have been brought to the fore, as operators in the Nigerian […]

Wema Bank, prospective investors to seal partnership before Sept 30

  MONDAY, 05 JULY 2010 BY MOSES EBOSELE   Discussions between Wema Bank Plc and prospective investors are to be concluded before September 30, 2010.The Central Bank of Nigeria (CBN) had last week extended the June 30 recapitalisation deadline it gave Unity Bank and Wema Bank to September 30, 2010.    […]