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Resuscitating the Stock Market via Share Buy-Back

The introduction of share buy-back as a measure to stop the bears that are currently ravaging the Nigerian stock market will not only fast-track the return of the market to the upside, but will  also give better value to shareholders, writes Eromosele Abiodun Among the several measures outlined by the […]

NSE Lists N8bn Dana Bond

The number of corporate bonds listed on the Nigerian Stock Exchange (NSE) increased to 12 last week as the N8.010 billion Dana Group Plc Bond  was admitted on the  Exchange’s Daily  Official List. The bond, which  has  interest rate of  Monetary Policy Rate (MPR) plus 7 per cent and maturity […]

NDIC Liquidates 103 MFBs in Two Years

The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that no fewer than 103 Micro-Finance Banks (MFBs) were liquidated in the last two years as part of the fulfilment of its mandate of handling distress in the banking system in the country. The bank has also decided to introduce some basic […]