By Eromosele Abiodun,     Nigeria’s foremost credit rating and research agency, Agusto & Co, has assigned a ’Bb’ rating to the banking sector. Speaking at the unveiling of the 2010 banking industry report in Lagos last week, Agusto’s Head of Financial Institutions Ratings, Mrs. Yinka Adelekan, stated that […]

  By Emele Onu    Local and foreign investors that bidded for the rescued banks are presently embroiled in clashes of interest over first right of consideration for the acquisition for the rescued financial institutions. THISDAY findings indicate that the development arose as a number of the investors that beat […]

  The Council of The Nigerian Stock Exchange met on Friday, August 13, 2010 in which the members noted and affirmed the steps taken by the Securities and Exchange Commission towards resolving the crises that had affected The Nigerian Stock Exchange.  The Council wishes to assure the investing and general […]