By Udeme Ekwere Thursday, 24 Feb 2011 Selling pressure depressed trading activities on the Nigerian Stock Exchange on Wednesday, halting four days of appreciation in key indices. Specifically, the NSE’s All-Share Index fell by 0.13 per cent or 33.21 basis points to close at 26,713.73, down from 26,747.04 recorded at […]
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Loan default: MFBs laud CBN’s special court plan
By Agency Reporter Thursday, 24 Feb 2011 The National Association of Microfinance Banks has commended the Federal Government over its new plan to establish a special court to try loan defaulters. Officials of the association gave the commendations in separate interviews with the News Agency of Nigeria in Lagos on […]
NAICOM suspends IAA’s management
By Agency Reporter Thursday, 24 Feb 2011 The National Insurance Commission, acting in accordance with its statutory powers under (part V11) of the NAICOM Act 1997, has suspended the management of Investment and Allied Assurance Plc from office with immediate effective. According to a statement by NAICOM on Wednesday, in […]
