By Eromosele Abiodun, 06.22.2010   When the secondary market of the Nigerian Stock Exchange (NSE) was very attractive, companies (mostly banks), which raised money during government-induced consolidation in the financial sector preferred apportioning a higher percentage of their shares on offer to new shareholders probably because most of them […]

  By Emele Onu, 06.23.2010    The World Bank has offered to assist Nigeria develop capacity to regulate financial reporting and also ensure that financial reporting in the country attains international standard.     The Executive Secretary of the Nigeria Accounting Standards Board, (NASB), Mr Godson Nnadi, announced the gesture […]

    06.22.2010    After most banks exposed their losses and meagre profits, the calculations currently for most of the banks, is how to strategise to ensure that the numbers end better come next common- year end, December 31, 2010. Emele Onu reports     Merrill Lynch, the investment banking and […]