Author: InvestAdvocate

Ecobank’s shareholders task CBN on debt recovery

  THURSDAY, 01 JULY 2010  BY MOSES EBOSELE   Shareholders of Ecobank Nigeria Plc,  yesterday, urged the Central Bank of Nigeria (CBN) to put in place credit bureau charged with the responsibilities of assisting banks recover their bad loans.The shareholders, who spoke at Ecobank’s yearly general meeting in Lagos, said […]

NSE Approves Bayelsa N50bn Bond

    By Eromoselele Abiodun, 07.01.2010    The Council of the Nigerian Stock Exchange (NSE), yesterday approved the N50 billion bond to be floated by the Bayelsa State government.President of the council of the NSE, Alhaji Aliko Dangote, who announced the approval to dealing members of the Exchange, called on […]

Stemming the Scourge of Illegal Fund Managers/Wonder Banks

  As part of the efforts to stem the menace of “Wonder Banks,” the Inter-Agency Committee On illegal Fund Managers recently met and deliberated on issues relating to the activities of illegal fund managers and wonder banks with a view to addressing the scourge.   The Committee, comprising Central Bank […]