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Shareholders to benefit from Dangote’s expansion drive

By Udeme Ekwere Monday, 21 Feb 2011 Shareholders of Dangote Cement Plc have been assured of immense benefits from the company’s expansion drive. The Special Adviser to the President of Dangote group, Mr. Joseph Makoju, who said this, noted that the increased production would lead to more revenue for the […]

Margin loans: Stockbrokers express divergent views over AMCON’s intervention

By Ademola Alawiye Monday, 21 Feb 2011 Ahead of the meeting with the Asset Management Corporation of Nigeria on Monday (today), stockbrokers have expressed divergent views on the outcome of the discussions, especially as regards the modalities for acquiring margin loans. Some stockbrokers, who spoke with our correspondent on Friday, […]

CBN, NDIC joint examination rattles banking industry

February 21 2011 John Omachonu There is palpable apprehension in the banking industry as the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) commence risk assessment of the banks, BusinessDay investigations have revealed. The special examination, akin to the 2009 one which led to the exit of […]