Uncategorized

Exclusive: Investors tout controversial “condemnation” for housing fix

Here’s a controversial but intriguing approach to the U.S. housing crisis: keep cash-strapped residents in their homes by condemning their mortgages. A mortgage firm backed by a number of prominent West Coast financiers is pushing local politicians in California and a handful of other states hardest hit by the housing […]

CBN Sinking Fund: Shareholders oppose compulsory contribution

Investors in the Nigerian capital market appear uncomfortable with the Central Bank of Nigeria’s sinking fund. UDEME EKWERE writes on its main areas of impact Since the Central Bank of Nigeria’s audit of the banking sector in 2009, the nation’s capital market began a slow descent, which it has been […]

IFRS Takes Front Burner at CAMCAN Inauguration

Press Release The   Executive Secretary/Chief Executive Officer of   the Financial Reporting Council of (FRC) Nigeria, Mr. Jim Obazee, will deliver a lecture entitled:  ÃƒÂ¢Ã¢â€šÂ¬Ã‹Å“International Financial Reporting Standards Implementation: Implications for Nigerian Capital Markets’ at the inauguration ceremony of the new executive members of the Capital Market Correspondents Association of Nigeria […]