By Stanley Opara Tuesday, 19 Oct 2010 The Central Bank of Nigeria may issue fresh licences to 36 of the 244 microfinance banks whose licences it recently revoked. The Head, Corporate Affairs, CBN, Mr. Muhammed Abdullahi, told our correspondent on the telephone on Monday, that 36 of the banks had claimed […]

By Maria Aspan    NEW YORK (Reuters) – Citigroup Inc (C.N) reported its third straight quarterly profit, beating forecasts and boosting optimism that the banking sector is on track to recover even amid a tepid economic expansion. Relief about the improving results, bolstered by slowing credit losses and reduced reserves for bad […]

By Peter OBIORA investadvocate Oct 18 2010 16.35 GMT   Lagos (INVESTADVOCATE)-Equity transactions for the week Monday October 18 2010 on a bullish note as more Blue Chip stocks recorded price appreciation at the Floor of the Nigerian Stock Exchange (NSE) in Lagos Nigeria.     The  twin market indicators the All-Share index […]