Uncategorized

Rescued Banks: LCCI Proposes Recapitalisation Guidelines

  By Crusoe Osagie, 07.14.2010    Lagos Chamber of Commerce and Industry (LCCI) yesterday, proposed guidelines for recapitalisation for the banks recently rescued by the Central Bank of Nigeria (CBN).   LCCI second quarterly report released and presented by the President of the Chamber, Otunba Femi Deru, listed guidelines which […]

Why Investors Shun Equities Mkt

  07.13.2010    As investors confidence in the stock market continue to wane, Eromosele Abiodun, writes that investors are shying away from the market because of lack of understanding than fear to take a risk. The report is based on a document released by Association of Investment Companies (AIC), an organisation […]

NIBOR Holds Attraction over Bonds – CSL

  07.13.2010    The Nigerian Inter-bank Offer Rate (NIBOR) is said to offer investment attraction over bonds, given Nigeria’s current fiscal position. Head, Investment Strategy, CSL Stockbrokers, Guy Czartoryski, who made the disclosure in Lagos yesterday, urged banks to consider selling Nigerian bonds and investing funds in the country’s inter-bank lending […]