By Ademola Alawiye Tuesday, 31 Aug 2010   Moves by banks to comply with the Central Bank of Nigeria’s directive to reduce their exposure to the capital market to 10 per cent is responsible for the current bearish trend at the Nigerian Stock Exchange, analysts have said. […]
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Nigerian index dips towards five-month low
By Gbenga Agbana with agency reports  Tuesday, 31 Aug 2010  The Nigerian Stock Exchange‘s All-share Index fell back towards five-months lowest level on Monday, after two days of gains, down by 53.35 points or 0.22 per cent to 24,221.13 points from 24,274.51, which it opened for the […]
Financial system: Economists support creation of regulatory council
By Stanley Opara Tuesday, 31 Aug 2010   The Registrar, Institute of Chartered Economists of Nigeria, Mr. Peter Ikpomejo, has said that the request for the establishment of a council of Nigerian financial system regulators by the Minister of Finance, Mr. Olusegun Aganga, is a step in the […]

