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NSE to impose sanctions on under-capitalised firms

By Udeme Ekwere Monday, 10 Jan 2011 Beginning from this week, the Nigerian Stock Exchange will be imposing sanctions on erring stock broking firms. Specifically, firms that have not complied with the capital requirement for operations in the NSE are to be punished by the market regulator. The Interim Administrator, NSE, […]

Oteh sets agenda for capital market in 2011

By Udeme Ekwere Monday, 10 Jan 2011 As the Director-General, Securities and Exchange Commission, Ms. Arunma Oteh, clocks one year in office, she has pledged commitment to moving the nation‘s capital market forward in the New Year. Oteh spoke to stockbrokers and market operators on the trading floor of the Nigerian […]

Bank account verification is end of year shocker – Customers

By STANLEY OPARA Saturday, 8 Jan 2011 The end of the year is usually a period to send warm greetings and receive special gifts. But for many bank customers, the one month account verification, ordered by the Central Bank of Nigeria, was one ‘gift‘ they did not know how to handle. […]