By Oluwaseyi Bangudu October 13, 2010 12:06AM Operators of domiciliary accounts are lamenting the charges on maintaining such accounts, saying that the arbitrariness of the charges makes them unjustifiable.Some bank officials, however, say though the charges are steep in some cases, running a domiciliary account is not essential unless it […]
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NSE: Restoring Confidence, Instilling Discipline
 10.13.2010 Writes that last week’s suspension of companies by Nigerian Stock Exchange (NSE) over non compliance with listing requirements and punishment of two brokers by Chartered Institute of Stockbrokers (CIS) for infractions are actions in line with efforts to instil discipline and restore investors’ confidence in the market. […]
Jonathan Okays $2.5bn bid for NITEL
By Efem Nkanga, 10.13.2010 President Goodluck Jonathan has finally approved New Genera-tion Consortium’s bid to acquire 75 per cent of the Nigerian Telecommunica-tions Ltd (NITEL) and its mobile arm, M-TEL, for $2.5 billion.The Bureau of Public Enterprise (BPE) said yesterday that the president, apart from giving approval for the conclusion […]

