By Udeme Ekwere Friday, 7 Jan 2011 Despite the losses recorded by global stocks on Thursday, the equities segment on the Nigerian Stock Exchange continued on an upward trend. This week alone, the market capitalisation of the listed equities rose by N448bn from N8.020tn on Tuesday to N8.468tn. This represents an […]
Uncategorized
SEC rule likely to trigger Facebook IPO in 2012
By MICHAEL LIEDTKE, AP Technology Writer – Fri Jan 7 2011 SAN FRANCISCO – With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective shareholders. Some of the numbers that […]
Recapitalisation: Local banks to acquire bulk of rescued banks
By Ademola Alawiye Friday, 7 Jan 2011 There are strong indications that domestic Deposit Money Banks that passed the stress test conducted by the Central Bank of Nigeria and the Nigeria Deposit Insurance Commission will acquire most of the rescued banks. Our correspondent gathered from a source at the Central Bank […]

