Author: InvestAdvocate

CBN gives banks Sept 1 deadline to recover N1t stock market debts

    THURSDAY, 26 AUGUST 2010  SEGUN EDWARDS     September 1, this year, has been set as the deadline for all the banks in the country to recover the estimated N1 trillion stock market debts tied to margin loans or face the sanctions of the Central Bank of Nigeria (CBN). […]

Kaduna State floats N8.5bn bond

  By Jude Onwuamanam, Kaduna  Thursday, 26 Aug 2010        The Kaduna State Government has completed the processes for the issuance of N8.5bn bonds to enable it to finance some major projects.The N8.5bn bond issue is the first tranche under the Kaduna State Bond Issuance Programme and the fund will […]

S&P cuts Ireland’s long-term rating to AA-

  Richard Wray, Thursday 26 August 2010    Ireland’s national debt management agency has hit back at the decision of Standard & Poor’s (S&P) to downgrade the country’s ratings on concerns about the high cost of bailing out its ailing banking sector.The National Treasury Management Agency (NTMA), which is responsible […]