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Equities’ prices dip on MPC decisions

By Ademola Alawiye Monday, 29 Nov 2010 Equities’ prices at the Nigerian Stock Exchange last week dipped following the decision of the Monetary Policy Committee to leave the monetary policy rate at 6.25 per cent. The NSE‘s All Share Index depreciated by 1.4 per cent or 348.39 points to close at […]

N500m claim: Shareholders sue Unity Bank over merger

By Tony Amokeodo Monday, 29 Nov 2010 SOME aggrieved shareholders of Centre Point Bank Plc have filed legal action before a Federal High Court in Lagos against Unity Bank Plc and some of its principal officers, challenging the alleged unfair treatment in the merger arrangement. The plaintiffs , who are demanding […]

Still on NSE and lawmakers’ misleading binoculars

By Yemi KolapoMonday, 29 Nov 2010 In October 2008, when the Nigerian capital market crisis reached its peak, many stakeholders insisted that there must be a change of leadership at both the Securities and Exchange Commission and the Nigerian Stock Exchange if the market must return to the path of glory. […]