Uncategorized

NSE is Solvent, Prudent’

    By Gboyega Akinsanmi, 08.02.2010 The Nigerian Stock Exchan-ge (NSE) yesterday de-clared that it is not insolvent and  is prudent in the management of its resources, contrary to allegations made in a petition by President, Dangote Group, Alhaji Aliko Dangote, to the Securities and Exchange (SEC).   NSE’s spokesman, […]

Mkt Infractions: SEC Plans Investors Protection Fund

  By Goddy Egene, 08.02.2010 Securities and Exchange Commission (SEC)  is to establish a Special  Protection Fund where  investors who have lost money in the nation’s capital market to dubious operators would be compensated. Special Adviser to  the Director-General, SEC, Dr. Simeon Obidairo, who disclosed this in Lagos  weekend, said  […]

Banking’s Power Shift •New chief executives assume duties today

  By Ayodele Aminu, 08.02.2010   Today marks a new beginning at Skye Bank Plc, United Bank for Africa (UBA) Plc and Zenith Bank Plc as power effectively changes hands. The Central Bank of Nigeria (CBN) had ruled last January that, as part of the banking reform, any chief executive […]