By Eromosele Abiodun, 06.20.2010    Chemical and Allied Products Plc (CAP Plc), has announced a 15 per cent drop in post-tax profit for the year ended December 31, 2009.The company’s post- tax profit fell by 15 per cent from N538.16 million in 2008 to N457.10 million in 2009, while profit […]

  By , 06.20.2010    Specific money market rates dropped significantly last week, owing to fiscal injections that buoyed liquidity in the system.Cost of borrowing among banks at the inter-bank lending window declined remarkably. There were speculations that yield on bond securities would be affected as the Debt Management Office […]

  MONDAY, 21 JUNE 2010 BY CHINEDUM UWAEGBULAM, ENITAR UGWU (LAGOS) AND MATHIAS OKWE (ABUJA)     Fresh efforts by the Central Bank of Nigeria (CBN) to stabilise the nation’s financial sector have paved the way for the increase of the capital base of Primary Mortgage Institutions (PMIs) from N100 million […]