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NSE demutualisation: ‘No need for foreign participation’

    By Ademola Alawiye   Thursday, 9 Sep 2010   A former Director-General, Securities and Exchange Commission, Mr. Wole Adetunji, has joined other experts in condemning SEC’s pronouncement that the Nigerian Stock Exchange needs foreign investors‘ participation in its demutualisation plans.   Demutualisation is a process whereby the NSE […]

Nigeria’s Central Bank Approves Revised Banking Model

  As part of the blue-print for reforming the Nigerian financial system which includes the enhancement of the quality of banks, financial system stability and evolution of healthy financial sector, the Central Bank of Nigeria (CBN), in compliance with the statutory provisions of the Banks and Other Financial Institutions Act […]

Economists further scale back U.S. growth outlook

  On Wednesday September 8, 2010 By Chris Reese NEW YORK (Reuters) – Stubbornly high unemployment and signs of persistent weakness in the housing market have prompted economists to further cut their outlook for U.S. growth in the second half of the year, a Reuters poll showed on Wednesday.   […]