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Nigeria’s exchange fire scare

By investadvocate Dec 13 2010 15.20 GMT Lagos (INVESTADVOCATE)-There was a fire scare Monday December 13 2010 at the Nigerian Stock Exchange (NSE) in Lagos Nigeria.   This resulted in Occupants of the building including Dealing Members abandoning their trading on the Floor and scampered for safety.   It was […]

Lack of proper regulation, bane of financial market

ByAdemola Alawiye Tuesday, 14 Dec 2010 The Chairman of the Chartered Institute of Bankers of Nigeria, Lagos State chapter, Mr. Bayo Olugbemi, has blamed the crisis in the Nigerian financial system in general on the lack of proper monitoring and regulation by the authorities. Speaking in Lagos, after his re-election […]

Stakeholders call for strict supervision of MFBs

By Agency Reporter Tuesday, 14 Dec 2010 Some stakeholders in the financial sectors have urged the Central Bank of Nigeria to impose strict penalties on microfinance banks operators that fail to abide by its rules and regulations. They said this at the just concluded Nigeria Deposit Insurance Corporation’s 2010 workshop organised […]