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CBN cautions shareholders, directors of rescued banks on recapitalisation

    THE Central Bank of Nigeria (CBN) has advised shareholders and board of directors of the rescued banks to critically examine the institutions and strategic investors that are indicating interest in their banks before consideration. The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Dr. Kingsely Moghalu, who […]

Shareholders of Presco okay 20 Kobo dividend for 2009

        PROPOSAL by the Board and Management of Presco Plc to pay 20 kobo per share dividend amounting to N200 million for the year ended December 31, 2009 was at the weekend endorsed by the company’s shareholders. Quoted on the floor of the Nigerian Stock Exchange (NSE) […]

Investors trade 7.64 billion shares in July, stake N244.4 billion on Bonds in one week

      THE upbeat in the equities sector of the Nigerian Stock Exchange (NSE), coupled with investors’ renewed interests in listed equities buoyed equities transactions for the month of July as a total of 7.64 billion shares valued at N58.7 billion changed hands in the month compared to 7.11 […]