Tag: Government

Zenith Bank Appoints New Chief Financial Officers

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Zenith Bank Plc Wednesday announced it has appointed a new Chief Financial Officer (CFO), Stanley Amuchie. This is coming on the heels of the appointment of Udom Emmanuel, former Executive Director and CFO of the bank as the new Secretary to the State Government (SSG) […]

FG to invest $2.9tn in infrastructure stock

The Federal Government has said it will invest $2.9tn in its infrastructure stock as part of plans to address the infrastructure deficit in the country. The Minister of State for Finance, Dr. Yerima Ngama, said this in Lagos on Monday at an infrastructure roundtable organised by the Securities and Exchange […]

Rewarding Bad Behaviour in the Capital Market

It is important to lend additional voice and question the rationale behind the federal government N22.6 billion bail-out of some capital market operators. It is tantamount to rewarding bad behavior and excessive risk-taking at public expense. For the stock broking firms that will benefit from this largesse, if their investments […]