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Why bearish trend persists in stock market – Experts

  By Gbenga Agbana   Thursday, 23 Sep 2010   Despite the expiration of the deadline given to banks by the Central Bank of Nigeria to reduce their exposure to the capital market to 10 per cent, which resulted in massive sell-off recently, the bears are still dominating in the […]

Depositors’ money will not be used to sponsor politicians – Sanusi

  By Agency Reporter   Thursday, 23 Sep 2010   The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, said in Abuja on Tuesday that depositors‘money in banks would not be used to sponsor political campaigns.   Sanusi, according to the News Agency of Nigeria, made the statement […]

Recent Sacking at Nigerian Stock Exchange, witch-hunting-Attorney

Wednesday, September 22, 2010   1.   INTRODUCTION On Thursday, 5th August 2010, the Director General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh, and some of her senior staff, leading about 150 heavily armed security personnel (members of Mobile Police Unit of The Nigeria Police Force and the […]