Author: InvestAdvocate

Acquisition, mergers imminent as CBN perfects PMIs’ recapitalisation

  MONDAY, 05 JULY 2010 01:13 CHUKA UROKO   A new phase is fast evolving in the Nigerian mortgage industry as the Central Bank of Nigeria (CBN) perfects recapitlisation of the primary mortgage institutions (PMIs) to N5 billion.Presently, the capital base of the PMIs stands at N100 million and this, analysts […]

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 […]