05 January 2011 The Nigerian Stock Exchange (NSE) has directed all stockbroking firms to separate their own accounts from clients accounts as part of efforts to instil discipline and sanity in the stock market.   Given the nature of their business in Nigeria, most operators function as broker-dealers. This means […]

By Agency reporter Wednesday, 5 Jan 2011 American International Group Incorporated, the insurer that is divesting assets to repay billions of dollars in United States government aid, may be preparing to sell a $510m dollar stake in Blackstone Group LP, a Bloomberg report said on Tuesday. AIG, based in New York, […]

By Agency reporter Wednesday, 5 Jan 2011 Skye Bank Plc has won the Central Bank of Nigeria‘s award as the ”Best Bank in Clearing” in the Abeokuta clearing zone for the year 2010.  A statement issued by the bank on Tuesday said it emerged the best bank in clearing, based on […]