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Demand for Govt Securities Slide 6%

  By Goddy Egene, 07.11.2010    Secondary trading in the Federal Government Bonds slowed down in the first six months of 2010, indicating a week patronage of gilt-edge securities.   The FG bonds  used  to witness significant increase regularly at the over-the-counter (OTC) market. However, trading data obtained from the […]

Shareholders Decry May & Baker’s Poor Performance

  By Eromosele Abiodun, 07.11.2010    Shareholders of May & Baker Plc have expressed dissatisfaction over the drop in the company’s financial performance for the year ended 31st December, 2009.They also queried the inadequate recordings in the percentage of shares held by the chairman of the company, Major General Theophilus […]

Banks Slash Lending Rate to Big Corporates

  By Emele Onu, 07.11.2010    The announcement of the award of National Honour on the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, raised interest at the money market last week.  Dealing banks, traders as well as investors in the market, local and international, were concerned about […]