By Ademola Alawiye Tuesday, 21 Dec 2010 Activities at the equities segment of the Nigerian Stock Exchange closed on a negative note on Monday, with major indices recording depreciation. Specifically, the NSE‘s All-Share Index dropped by 0.10 per cent or 24.03 points to close at 24,420.25 points, from 24,444.28 points recorded […]
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‘Economy will stabilise in 2011’
By Ademola Alawiye Tuesday, 21 Dec 2010 The current economic recession being experienced in the country will improve in 2011, the Chairman, Kajola Integrated Investment Plc, Prof. Wale Omole, has said. Omole said at the company‘s Annual General Meeting in Lagos, on Friday, that the ongoing reforms in the financial market […]
Cheque clearing: ‘CBN’s directive has reduced fraud’
By Our Correspondent Tuesday, 21 Dec 2010 The Branch Controller, Central Bank of Nigeria, Abuja, Mr. John Chukwudifu, has said that the directive by the CBN, placing a limit of N10m on cheque clearing, has reduced fraud and malpractices in the banking system. Speaking in Abuja during the Federal Capital Territory […]

