Capital Market

“We Have Locked Out the Impact of the Middle Chain” – Tony Elumelu

   October 13, 2010 Capital is often seen as one of the key impediments to intra-Africa trade. Businessmen in the continent are quick to complain about access to finance but Mr. Tony Elumelu, Chairman of Heirs Holdings; an investment management company focused on key sectors in Africa such as infrastructure, […]

$250,000 fraud: Court frees businessman

By Kemi Obasola   Thursday, 7 Oct 2010 A Lagos High Court in Ikeja has discharged and acquitted a businessman, Mr. Adekunle Fagade, who was alleged to have conspired with four others to obtain money by false pretences. In his judgment, Justice Joseph Oyewole held that the Economic and Financial […]

NSE Demutualisation to be Concluded in 2012 -Oteh

  By Obinna Chima and Chinazor Megbolu , 09.28.2010   The proposed demutualisation of the Nigerian Stock Exchange (NSE), which was suspended last year would now be concluded in 2012, the Director General, Securities and Exchange Commission (SEC) of Nigeria, Ms Arunma Oteh, has said. Oteh dropped this hint while […]