By InvestAdvocate   Lagos (INVESTADVOCATE)-Oscar Onyema, the Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) has disclosed that the Nationalisation of three Banks in Nigeria has eroded Market Capitalisation by N30 billion. This was contained in a Statement Wednesday by Wole Tokede, Seniour Manager, Corporate Communications of the […]

August 08, 2011   On April 04, 2011, AMCON came out unequivocally to say that “none of the 10 banks rescued by the Central Bank of Nigeria (CBN) will be nationalised, despite huge investments the corporation has staked in them”    According to the report where he was speaking in […]

By Enitar Ugwu and Moses Ebosele IT is a season of lamentation for shareholders of the three banks acquired at the weekend by the Federal Government. While the final computation of loses incurred by the shareholders is being awaited, tentative figures show that the former owners of the nationalised banks […]