 By Ihuoma Chiedozie, Abuja  Thursday, 9 Sep 2010  The Federal Government plans to spend N4.56tn in the 2011 fiscal year.  The plan is contained in the 2011 budget proposal, which was approved by the Federal Executive Council at its meeting on Wednesday.  However, the […]
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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 […]