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Bank nationalisation: CBN’s rush suspicious – Experts

By Okechukwu Nnodim and Akinwale Aboluwade As reactions over the recent nationalisation of three Deposit Money Banks by the Central Bank of Nigeria continue, professionals in Nigeria’s financial system have said the apex bank may be withholding salient facts as to why it revoked the licences of the DMBs. The […]

As Senate probes privatisation process

By Odilim Enwegbara This article is not intended to recount what we all already know; the outrageous fraud accompanying the privatisation of our national assets, where some leaders and their cronies dispossessed the nation of its strategic public assets. Not even emerging facts that these assets were unbelievably turned into […]

Stock market investors lose N988bn in 10 weeks

By UDEME EKWERE The decline in the value of equities in the Nigerian stock market since the beginning of this year has been further compounded by the recent nationalisation of three banks with unprecedented losses recorded in the last 10 weeks, UDEME EKWERE writes. The market capitalisation of listed equities […]