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SEC intervention improved NSE performance in 2010 – Analyst

The regulatory intervention of the Securities and Exchange Commission in the activities of the Nigerian Stock Exchange has yielded positive results, a financial analyst has said. According to the Lagos-based market analyst and an investment adviser, Mr. Abiodun Hakeem, the recently released financial performance of the NSE for the year […]

NDIC, CBN urge banks to strengthen capacity

The Nigerian Deposit Insurance Corporation and the Central Bank of Nigeria on Tuesday re-echoed the need for the chief executives of banks and other financial institutions to strengthen capacities and skills in the conduct of banking operations. This, according to the Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, will […]

Reps Committee Summons Ecobank , Oceanic Over Acquisition

The House of Representatives Committee on Capital Market and Institutions has summoned the managements of Oceanic Bank International Plc and Ecobank Transnational Incorporated (ETI) over the recent acquisition of Oceanic to ascertain if  due process was followed.  Competent capital market sources  told THISDAY that the Committee had already written to […]